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You cant import that coinbase data dump into ProSeries an expect it to be able to digest it.
Have the client signup with CoinTracker (or a similar service) and it will turn that mess from Coinbase into a usable 8949 style report form that can be entered into PS.
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
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I just let their next tax preparer figure it out.
At my age, I'm not interested in dealing with people who would gamble on that stuff.
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My client has 50 pages of 8949 from Coin Tracker. He also has a Schedule D. I have tried to Summarize the numbers on his 8949 with the idea of transmitting the paperwork to IRS. However, it requires a date of sale on the software. Any ideas how to circumvent this and is this even the correct process.
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♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
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Thanks! You are a Life Saver😎
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Thank you for the Input, I just got 64 pages of 8949 -- Does it matter that they are short-term transaction not reported on a 1099B ( box C checked)
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Another option might be: show "various" in the sales date and before e-filing unmark the check for errors. Attach the spreadsheet with all the transactions on it as a pdf. AM thinking though, (as suggested) using a date shown for most of the transactions might be the better way to do it. "Various" might be a trigger... I found dealing this has not been worth the headache. Will step aside next tax season...