New for ProSeries Professional tax year 2024: Crypto transaction import

Beginning with tax year 2024, ProSeries Professional now has the ability to import crypto transactions from a 1099-B into a 1040 return.

Before you start:

• This feature is only available in 1040 returns.
• This feature is not available in ProSeries Basic.
• To complete the import, you will need a CSV file from your crypto Service. For help downloading the CSV, contact your crypto Service Provider.

Follow the steps below to import crypto transactions

1. Open the client's return.
2. From the Import menu, select 1099B: Crypto Transactions Import.
3. Choose the appropriate Crypto Service.
4. Select the previously downloaded CSV file containing the transactions and select Next.
   
5. Review the upload details and select Import.
6. The transactions will be imported into a 1099-B Worksheet.
7. Correct any errors on the 1099-B worksheet.