Feature Request: Improve TurboTax Desktop (.TXF) Compatibility
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Matthew S. - CoinTracker
What is being requested?
Users have requested continued support for exporting .txf files for use with the CD/Desktop version of TurboTax.
Previously, CoinTracker offered .txf exports as a courtesy for TurboTax CD/Desktop users. However, the TXF import functionality within TurboTax Desktop is based on an older standard that has not been updated to align with more recent tax workflows and data requirements. As a result, imported data may not display as expected.
Because of these limitations, CoinTracker no longer supports .txf exports for TurboTax CD/Desktop.
Once TurboTax updates the CD/Desktop TXF import functionality to support modern data requirements, we may revisit compatibility in the future.
What can users do now?
If you wish to continue using TurboTax Desktop, you can manually entering your tax information by following this guide.
As an alternative, users can also file using TurboTax Online to import their CoinTracker data. For more information, please check out
our help center article here.
Keywords: TurboTax Desktop, TXF export improvement, crypto tax compatibility, TXF format update, CoinTracker integration
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Sarah R - CoinTracker
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You can now use TurboTax Desktop with CoinTracker.
You can find directions on our help center:
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Matthew S. - CoinTracker
Update:
While TurboTax Desktop does not support automatic syncing with CoinTracker or uploading attachments when e-filing, you can still file by manually entering your tax information by following this guide.
Please note that after e-filing, you will need to mail any supporting documents to the IRS separately.
Sarah T. - CoinTracker
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