If I am uploading a CSV form from coinledger for my crypto includingrobinhood, how do I report the stocks from robinhood since they are all included in one file?

Forum|Forum|3 years ago
March 11, 2023
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mglauner

Both the Crypto and Stock transactions are reported in the Investment section.

As long as your CSV contains Date Purchased, Date Sold, Cost Basis, Proceeds and a brief Description, your Gain/Loss will be reported correctly.

Here's more info on Uploading a CSV File.

@muhannadabbasi

muhannadabbasiAuthor

So the CSV from coinledger only has stocks. My question is should I fill out a separate form for the stocks manually or with a premade form? Or should I just delete the crypto portion of the 1099 and keep the stock portion?

Thank you for clarifying and assisting

mglauner

If you import your CSV with both stocks and crypto, it will be reported correctly with Gain/Loss in TurboTax. TurboTax will prepare Form 8949 for you, with Summary Info on it.

Then you will mail Form 8949, Form 8453 and your CSV to the IRS. This would be the easiest method for you.

Here's more info on Mailing Form 8949 for Summary Totals.

If you manually enter a Sales Summary for your Stock Sales (or manually enter the individual transactions), then import your CSV for crypto reporting, TurboTax will put them on Form 8949 in a Summary anyway, so no need to separate them for entry, but you could do that if you wanted to.

@muhannadabbasi