Crypto’s volatility is brutal in a down market, but it hands you one of the most powerful tax tools available to any investor: the ability to turn paper losses into real tax savings without giving up your position. It’s called tax loss harvesting, and because of a quirk in how the IRS classifies crypto, it…
Crypto never stops. Prices move fast, new coins appear daily, and exchanges change features all the time. With an Excel crypto tracker, you stay in control regardless of all those changes. You’re able to track your crypto portfolio, calculate gains and losses, and build a sheet that fits how you trade. Here’s how to create…
Figuring out how to file cryptocurrency taxes on TurboTax without the usual stress is often difficult. Between trading, staking, and mining, crypto taxes get messy pretty quickly. Reviewed by Michael Bergloff, CPA, MST | US tax reviewer for Crypto Tax Made Easy | Last reviewed June 2026 TurboTax removes confusion and lets you report your…
Article by Matt Walrath, Founder, Crypto Tax Made Easy | Reviewed by Michael Bergloff, CPA, MST Last updated: June 11, 2026 Does Coinbase report to the IRS? Yes — they send 1099-MISC forms for staking rewards and referral income, 1099-B forms for certain sales, and starting with 2025 transactions, 1099-DA forms covering gross proceeds from…
Transferring crypto between wallets might be taxable, but it all depends on who owns the wallets. If you are transferring crypto between wallets that you own, then it is not a taxable event. However, if you are transferring crypto to a wallet you do not own, the answer becomes more complicated. And we will explore…
Last updated: August 21, 2026. Uphold sends US customers a mix of tax forms depending on what you did on the platform during the year: Form 1099-DA for digital asset sales and exchanges, Form 1099-MISC for staking or airdrop rewards of $600 or more, and in some prior years, Form 1099-B. Which forms you get,…
Cryptocurrency conversions, whether between different cryptocurrencies or to fiat currency, can have significant tax implications. This comprehensive guide explores the tax obligations associated with converting cryptocurrencies and provides clarity on reporting requirements. Understanding Taxable Events in Crypto Conversions 1. What Constitutes a Taxable Event? Cryptocurrency conversions trigger taxable events when: 2. Tax Treatment Based on…
Cryptocurrency mining has grown from a niche hobby into a significant industry, attracting both individual enthusiasts and large-scale operations. With the increase in mining activities, tax authorities worldwide have started to scrutinize and regulate this sector more closely. Understanding how crypto mining is taxed is essential for compliance and optimizing profitability. This article explores the…
The rise of cryptocurrency has brought about significant changes in the financial landscape. As more individuals and businesses invest in digital currencies, it’s crucial to understand the tax implications of these transactions. One common question is whether buying cryptocurrency affects your taxes. This article will explore the various tax implications associated with purchasing crypto, the…
Cryptocurrency, with its rapid adoption and increasing use cases, has introduced a new dimension to the financial world. However, this innovation comes with tax implications that can be quite complex. Understanding when and how to pay taxes on your crypto activities is essential to ensure compliance and avoid potential penalties. This comprehensive guide will delve…
Short answer: Every DeFi transaction that changes what you own triggers a tax event in the US. Swaps, liquidity pool entries and exits, yield rewards, staking rewards, airdrops, and most bridge activity are reportable. Swaps and LP exits go on Form 8949 and flow to Schedule D as capital gains or losses. Rewards, yields, and…
Crypto capital gains tax is based on your net gain, holding period, taxable income and filing status. For 2026, net long-term crypto gains generally use the 0%, 15% or 20% federal capital-gains rates, while net short-term gains are taxed at ordinary income rates of 10% to 37%. The 3.8% Net Investment Income Tax and state…
