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Does TurboTax work with Robinhood?

Writer Nathan Sanders

This offer is available to Robinhood customers filing 2020 tax returns through the TurboTax Affiliate Program and cannot be combined with any other discount or offer. TurboTax is not an affiliate of Robinhood Markets (“Robinhood”) or any of its subsidiaries.

When can I import Robinhood to TurboTax?

Feb. 20th
According to TurboTax, information from Robinhood can be automatically imported starting on Feb. 20th. To do that, you’ll just need your Robinhood account number, which you can find in their application.

How do I enter Robinhood Cryptocurrency in TurboTax?

After logging into TurboTax, navigate to the Wages & Income section. On the screen where you enter income, find the Cryptocurrency Start button in TurboTax. Cryptocurrency may be under the Investment Income subsection. In the “Let’s get your cryptocurrency info” screen, choose the icon that says Robinhood.

Why will my TurboTax not update?

If you’re on a PC, open TurboTax and select Check for Updates from the Online menu near the top. On a Mac, simply quit and reopen TurboTax. If there are any updates, you’ll be prompted to download them.

Is there an app that can open Turbo Tax?

If you downloaded the tax data file from the online edition, the data file can only be opened by the TurboTax software for the same tax year as the tax data file. The tax data file will have a file extension of .taxyyyy where yyyy is the tax year, eg .tax2018 for tax year 2018.

Is it a Turbo Tax problem or user error?

This isn’t a Turbo Tax problem so much as it is a user error. You have to install the updates before you file your tax return or it could easily be wrong. Let’s be realistic about this. Turbo Tax tries to get its product to the shelves by December for customers to buy it. This is a pretty good business plan.

Is it worth it to use Turbo Tax?

Working on your own taxes can be frustrating no matter what software program you’re using. First, full disclosure: I love Turbo Tax. I used to tell people that I’d do TV commercials for it. I even seriously considered going to work for the company. I have worked for one of their competitors – and I still like Turbo Tax better.

How to merge CB pro with Turbo Tax?

Request 2: Give us a MERGED TAX REPORTING EXPORT TOOL that merges the trade info from Cb and Cb Pro into a single document, which can then be uploaded DIRECTLY to the tax software.