Solved

Why does uploading Coinbase Gain/Loss CSV never get past Processing... ?

Forum|Forum|3 years ago
January 26, 2023
1 reply
0 views

Uploads the CSV file then displays "Processing..." with spinner to the left. There is a "Heads up! Ensure your CSV file adheres.." but it does not seem to reject.

TurboTax Premier Online

Best answer by JosephS1

A possible solution to this would be to request; if you do not already have one, Form 8949 from the agency that you are trying to import the CSV file form. Once acquired, enter the totals as a single transaction, or transactions if there are both short-term and long-term items as shown on the 8949.

The IRS is concerned that you are properly reporting your total capital transactions with their associated cost basis and while individual transactions are important, the totals are the most important.

M

mglauner

Try closing TurboTax, clearing your Cache and Cookies, and try your upload again.

Here's more info on Uploading a CSV File.

S

seth-abadyAuthor

Closed, cleared cache and cookies. Upload still seems to hang at Processing...

Ultimately, it logs me off.

JosephS1Answer

A possible solution to this would be to request; if you do not already have one, Form 8949 from the agency that you are trying to import the CSV file form. Once acquired, enter the totals as a single transaction, or transactions if there are both short-term and long-term items as shown on the 8949.

The IRS is concerned that you are properly reporting your total capital transactions with their associated cost basis and while individual transactions are important, the totals are the most important.

**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"