How to Upload Your Netrunner Tax Documents to TurboTax

Filing your crypto taxes is a straightforward process when you use the reports generated by Netrunner. Follow this step-by-step guide to move your data into TurboTax accurately.

⚠️ CRITICAL WARNING: DO NOT DOUBLE-REPORT

Do NOT upload your 1099-DA (or other digital asset forms) to both Netrunner and TurboTax. Netrunner's report already includes all transactions from your 1099-DA. If you upload that same form to TurboTax separately, your data will be counted twice — resulting in more tax owed than you actually owe and potentially red-flagging your return with the IRS.

⚠️ TurboTax Desktop Users — Read This First

TurboTax Desktop Premier has known import issues in 2026. CSV import has been removed. TXF import generates the wrong form type (1099-B instead of the now-required 1099-DA). PDF import is unreliable on Desktop.

Skip to the TurboTax Desktop Workaround section below for a fully IRS-compliant alternative.

Section 1: Prepare Your Data in Netrunner

Before starting, make sure your Netrunner account is fully reconciled.

Step 1 — Reconcile 100% of your transactions. Review and resolve all flagged transactions before generating reports. Incomplete data produces inaccurate reports.

Step 2 — Confirm your cost basis method matches your jurisdiction requirements (FIFO, LIFO, HIFO, or ACB for Canada).

Step 3 — Navigate to the Taxes tab in Netrunner. Select the correct fiscal year.

Step 4 — Click Download Tax Report and download the following:

• TurboTax Transactions List (PDF) — This is your primary upload file for TurboTax
• Form 8949 (PDF) — Keep as supporting documentation
• Capital Gains Report (CSV) — Keep as a backup record

Section 2: Upload to TurboTax Online

This section covers TurboTax Online (browser). Desktop users see the workaround section below.

Step 1 — In TurboTax, navigate to Wages and Income in the left-hand menu.

Step 2 — Under Investments and Savings, select Stocks, Cryptocurrency, Mutual Funds, Bonds, Other (1099-B, 1099-DA).

Step 3 — When asked if you had investment income in 2025, select Yes.

Step 4 — Click Enter a different way.

Step 5 — When asked how you want to add your documents, choose Upload and click Continue.

If your file is too large to upload, use Type it in myself instead and reference your Netrunner Capital Gains Report to enter totals.

Step 6 — Upload your Netrunner TurboTax Transactions List PDF. This single file covers all your digital asset sales. Do not upload additional 1099-DA forms.

Section 3: Review and Clear Flags

TurboTax may flag some transactions as Needs Review, typically due to a $0 cost basis or $0 proceeds. This is expected for certain transaction types.

Step 1 — If you see a Needs Review tag next to your Netrunner entry, click Review.

Step 2 — Stablecoin transactions are included in the generated report so click Continue on the “double-check your sales” screen.

Step 3 — If TurboTax shows a summary screen with flagged transactions, click the pencil icon on the right to edit individual items.

Step 4 — Filter by the Status column to surface all transactions that need review.

Step 5 — For each flagged transaction, click the pencil icon and review the details.

Step 6 — If the cost basis is legitimately $0 (e.g., an airdrop you received for free), enter $0 in the Cost or Other Basis field and click Continue.

Step 7 — Select how you received the asset. Choose the option that fits your situation — often None of these apply.

Step 8 — Confirm by selecting I don't want to make any changes to my cost basis right now and click Continue.

Section 4: Enter Other Income (Staking, Airdrops, DeFi Yields)

Staking rewards, airdrops, and DeFi income cannot be imported — they must be entered manually. Use your Netrunner Income Report as the source.

Step 1 — In TurboTax, go to Wages and Income and scroll down to Less Common Income.

Step 2 — Select Miscellaneous Income, 1099-A, 1099-C.

Step 3 — Choose Other Reportable Income at the bottom of the list.

Step 4 — Select Yes when asked if you received other taxable income, then click Add.

Step 5 — Enter a description and the total amount from your Netrunner Income Report. You can be general or granular:

• General: "Netrunner crypto income report"
• Granular: Separate entries for "SOL staking rewards", "Airdrop income", "DeFi yield income"

Add as many entries as needed — one per income type.

TurboTax Desktop Workaround

TurboTax Desktop Premier 2026 cannot reliably import crypto data from any third-party platform:

The IRS-compliant workaround: Summary Method + Attach Form 8949

This method is explicitly allowed by the IRS and commonly used by high-volume filers.

Step 1 — In TurboTax Desktop, navigate to:

Federal → Wages & Income → Investments and Savings → Stocks, Cryptocurrency, Mutual Funds, Bonds, Other

Step 2 — Enter your short-term capital gains total as a single summary figure (from your Netrunner Capital Gains Report).

Step 3 — Enter your long-term capital gains total as a single summary figure.

Step 4 — Download your Form 8949 PDF from Netrunner.

Step 5 — Attach your Form 8949 electronically when filing, or mail it as a supporting document. Your Form 8949 is IRS-ready and serves as the detailed transaction record.

Step 6 — Enter staking and other income manually as described in Phase 4.

The IRS allows summary-level reporting as long as a complete Form 8949 is attached. You are not cutting corners — this is standard practice for crypto filers with high transaction counts.

Section 5: Verify and Complete Your Filing

Before submitting:

• Cross-verify totals — Compare the numbers in TurboTax with your Netrunner reports
• Answer the digital asset question — Form 1040 asks if you received, sold, or exchanged crypto. Answer Yes
• Review for errors — Confirm all transactions imported correctly
• Complete your return — Continue with the rest of your tax filing

Quick Reference: Forms

Need Help?

• Netrunner issues — Contact us via support chat or help.netrunner.tax
• TurboTax issues — Visit TurboTax Support

This information is for general educational purposes only and does not constitute professional tax advice. Consult a qualified tax professional for your specific situation.

Updated on: 06/04/2026