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February 27, 2023
Solved

Crypto CSV import STILL not working.

  • February 27, 2023
  • 1 reply
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As I've noticed from several other posts, this is an on-going issue to get CSV files (even those that are supposed to be supported like Webull Crypto) to upload.  

 

Two tax experts @JamesG1 @AmyC

suggested files with only  these 5 columns in this order:

  1. Purchase date
  2. Date sold
  3. Proceeds
  4. Cost basis
  5. Currency name

It did not work.  

 

What I have tried:  I downloaded the CSV file from Webull Crypto and tried to upload it without any edits.  

I got the error "The file column names in your CSV file are not correct."

 

I made sure the only  5 columns it had were in the order that was suggested.  I resaved the file.  Tried to upload again. 

Same error.

I started a new excel file and pasted the values into it incase there was something wrong with the file and tried to upload it again.  

Same error. 

I tried to format the proceeds and cost basis columns to make sure they were numbers and tried to upload. 

Same error.  

 

I think there may be an IT issue keeping this from working?

 

When it gives the error, it also says to "please follow the instructions on the on the right-hand side to download the proper file."  And there is a link to this (article here) which says to use the "Turbotax Universal Template" but when I only have the data Webull Crypto gave (those 5 columns from before) how do I do that? 

 

I also don't understand all the column headers: 

Date, Type, Sent Asset, Send Amount, Recieved Asset, Recieved Amount,  Fee Asset, Fee Amount, Market Value Currency, Market Value, Description, Transaction Hash, Transaction ID.  

 

I get the date.  Type is Transaction Type like buy/sell/etc but I am not confident on the rest.  A good example / screenshot of one or an explanation of each of the columns with an example data would be nice if we really have to use this.  

Best answer by JamesG1

I am able to upload a .csv file into TurboTax Premier Online.  The file may be viewed here.

 

 

At the screen What’s the name of the crypto service, I select Other (Gain/Loss) and enter the name of the service.  Click Continue.

 

 

At the screen Go ahead and upload your crypto CSV file, upload the file.

 

 

The items must be reviewed and edited.

 

Hope this helps.

 

@KatValek 

1 reply

JamesG1Answer
February 27, 2023

I am able to upload a .csv file into TurboTax Premier Online.  The file may be viewed here.

 

 

At the screen What’s the name of the crypto service, I select Other (Gain/Loss) and enter the name of the service.  Click Continue.

 

 

At the screen Go ahead and upload your crypto CSV file, upload the file.

 

 

The items must be reviewed and edited.

 

Hope this helps.

 

@KatValek 

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January 26, 2024

Ya this doesn't seem to work either and no one can see your file.

PatriciaV
Employee
January 28, 2024

Please clarify your experience with uploading CSV crypto files to TurboTax Online. What crypto exchange are you using? Do you receive an error message from TurboTax? 

 

Please be aware that for some exchanges (like Coinbase and Binance.us), you need to upload a Gain/Loss report and not the full transaction report.

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