This article applies to US customers only.
Certain crypto transactions — Airdrops, Payments, Forks, Mining, Staking, Interest, Royalty, and others — count as taxable income. CoinTracker calculates your taxable income and lists it on the Taxes page under Total income, and provides the same total on your Form 1040 (Schedule 1).
TurboTax does not yet support syncing income data from CoinTracker, so you will need to enter your Total Income manually after you sync your capital gains data.
Steps to enter taxable income into TurboTax
- Navigate to Federal Taxes > Wages & Income.
- Select Less Common Income.
- Select Miscellaneous Income.
- Select Start next to Digital assets not reported anywhere else.
- Enter the amount from your 1040 (Schedule 1) or the Taxable Income shown on the Taxes page.
- Select Continue.
Why is only "1099-DA" listed on TurboTax even though CoinTracker sent all my tax forms?
TurboTax labels all tax form imports from CoinTracker as 1099-DA in their tax flow. Even though you'll only see 1099-DA in TurboTax, the data CoinTracker sends includes your crypto gain/loss records (including Form 8949) for a complete return.
If you run into any trouble, please don't hesitate to reach out to our support team for help.