How to File Crypto Taxes with CoinTracker and H&R Block Online

This guide will help you file taxes using CoinTracker and H&R Block Online in a few steps.

If you have the desktop version of H&R Block, use this guide instead: How to File Crypto Taxes with CoinTracker and H&R Block Desktop

Step 1: Purchase a CoinTracker Plan

You must have a paid CoinTracker plan to enable the import of your tax information into TurboTax. Learn more: How to Purchase a CoinTracker Plan

Step 2: Add Your Complete Transaction History

Ensure your entire crypto transaction history is represented in CoinTracker by connecting all your exchanges and wallets—it's crucial for the accuracy of your tax report. Review: Complete Transaction History Checklist.

Step 3: Verify Accuracy of CoinTracker Account

Review our guide: Ensuring Account Accuracy Before Downloading Tax Reports

Step 4: Entering Crypto Tax Info into H&R Block Online

1. In the Income Hub, select Yes for the following question: "Did you receive, sell, exchange, or dispose of any cryptocurrency?"
   

2. Select Confirm, you will then be presented with the 'Here's your income.' section.

3. Scroll down to the 'Cryptocurrency' section and click Start:
   

4. In the 'How do you want to add your Crypto investments?' section, select Import Investments:
   

5. Click Log in to CoinTracker. This will allow you to import your transactions into H&R Block automatically—no manual entry is required:
   

6. You will see a "We've linked your account!" confirmation once you have logged into CoinTracker via H&R Block. Click Continue on the modal. 
   
7. Click Continue to import on the 'Import your info from CoinTracker' page.
8. When you are finished importing your cryptocurrency transactions, review each one, verifying the accuracy and completeness of each entry. Select Next once reviewed.
   
9. After all your cryptocurrency transactions are entered, H&R Block Online will prompt you with a final question, "Do you want to attach your 8949 form?"
   We recommend selecting Option 1: 'Upload the PDF or JPG of 8949 form when e-filing'. You can retrieve your 8949 form in the CoinTracker Tax page 'Tax reports' section.
   Note: Please verify the tax year of the forms you are generating. 
   

Step 5: Enter Taxable Income Manually

If you have Taxable income from staking/mining/interest/etc., that will need to be manually entered in H&R Block.

1. To find your total taxable income, refer to your CoinTracker Tax page or box 8z from the Schedule 1 form in CoinTracker Tax Reports:
2. 
3. In H&R Block, click the Federal tab
4. Click Income tab
5. Scroll to section 'Additional income not reported anywhere else.'
6. In 'Description' add "Miscellaneous crypto income"
7. In 'Amount' add total value for taxable income in CoinTracker: