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How to Calculate Crypto Gains Step-by-Step

May 23, 2022 - We outline how to calculate your crypto capital gains tax, including tracking crypto transactions, choosing an accounting method, and finding your cost basis.

Crypto Tax Rate on Capital Gains (2022)

May 23, 2022 - How much is cryptocurrency taxed? Your crypto capital gains tax rates depend on your income level and how long you held the cryptocurrency. Find out more.

Forms 1099 for Cryptocurrency: A Guide

May 23, 2022 - Don’t panic if you’ve received a Form 1099-MISC, 1099-B, or 1099-K for bitcoin from a crypto exchange. Learn what these forms mean for your crypto taxes.

Does Crypto.com Report to the IRS?

May 20, 2022 - Have you traded on Crypto.com? You may be receiving a crypto 1099. Learn more.

FBAR for Crypto: When and How to File

May 20, 2022 - If you're a U.S. trader and have traded on internationally based exchanges like Binance, you may need to file an FBAR. Find out more.

What the Terra Luna Collapse Means for Your Crypto Taxes

May 17, 2022 - Terra Luna crashed. We go over options for reporting losses on your crypto taxes.

6 Crypto Tax Headaches and How to Avoid Them

May 16, 2022 - Did you hit roadblocks while reporting your crypto taxes? We list some of the most common challenges and what you can do to avoid them next year.

9 Best Crypto Trading Bots for 2022

May 10, 2022 - Automated cryptocurrency bot trading is getting more popular. Read our recommendations about which bitcoin bot strategies and platforms might be best for you.

DeFi Tax Guide: Yield Farming, Crypto Lending & More

May 6, 2022 - Everything you need to know about DeFi taxes, all in one place. Learn about crypto taxes on staking, lending, wrapped tokens, and more.

Crypto Tax Loss Harvesting: Your Guide for 2022

May 5, 2022 - Strategically identifying unrealized losses to sell can help you lower your capital gains taxes. Learn more about crypto tax loss harvesting.

How To Report Crypto on TurboTax

May 5, 2022 - Filing crypto taxes with TurboTax? Learn how to import your Form 8949 from TokenTax and report your crypto capital gains tax.

7 Crypto Lending Platforms for 2022

May 5, 2022 - Thinking about getting a crypto loan or earning interest? Read more about how crypto lending works and which 7 platforms we're excited about in 2022.

6 Best Crypto Debit Cards

May 5, 2022 - Crypto debit cards make it easy to use crypto for everyday transactions. We introduce top card providers and discuss what crypto debit cards mean for taxes.

Does Coinbase Report to the IRS?

May 5, 2022 - If you're trading crypto on Coinbase, will you or the IRS receive any tax documents? Read more to find out more about Coinbase's crypto tax reporting.

Creating an LLC or Corporation for Crypto: Pros & Cons

May 5, 2022 - If you are trading, mining, or earning crypto, there could be benefits to creating a corporation or LLC for crypto. Learn more.

Axie Infinity Taxes: What You Need to Know

May 5, 2022 - Players are making significant income on Axie Infinity. Learn how to report Axies on your play to earn taxes.

How to Report Crypto Losses on Your Taxes

May 4, 2022 - By reporting your crypto losses on your taxes, you can potentially lower your tax liability by claiming deductions or offsetting your income. Learn more.

Intro to Crypto Mining Taxes

May 4, 2022 - Earnings from cryptocurrency mining are taxed as income in the United States. Learn more about how to report profits and what expenses might be deductible.

How to Report Crypto on Your Taxes: Filing Form 8949 & More

May 4, 2022 - In this five-step guide, we outline how to report cryptocurrency on taxes and file crypto tax forms, such as Form 8949.

Are Ethereum (ETH) Gas Fees Tax Deductible?

May 4, 2022 - If you’ve made a transaction on the Ethereum blockchain, you’ve paid gas fees. Learn how these fees may be able to offset your capital gains and income taxes.

Do I Need to Pay Crypto Self-Employment Taxes?

May 3, 2022 - What is self-employment tax and when do crypto traders need to pay it? Learn more.

Does Binance Report to the IRS?

May 3, 2022 - Because Binance no longer serves U.S.-based traders, the exchange does not report to the IRS. Learn more about reporting Binance taxes here.

Guide to Crypto Taxes in Germany

May 3, 2022 - The German tax code is friendly to cryptocurrency, but some transactions are still taxable. We outline what you need to know.

Crypto Accounting Methods: FIFO, LIFO, HIFO & More

May 3, 2022 - Different cost basis accounting methods can result in different capital gains totals. Find out more about the FIFO, LIFO, HIFO, and Minimization methods.

Guide to Crypto Taxes in India

May 3, 2022 - Wondering how cryptocurrency is taxed in India under the new laws? Look no further; in this guide we outline how Indian crypto taxes work.

Guide to Crypto Taxes in Canada

May 3, 2022 - Canada has very different tax treatment for business and personal crypto transactions. Learn more about each category.

How is Cryptocurrency Taxed?

May 3, 2022 - Is crypto taxed? If so, what is a taxable event? How much is crypto taxed? We answer these questions in our guide to how the IRS taxes crypto in the U.S.

How Crypto Gifts Are Taxed

May 3, 2022 - Crypto tax can get a little tricky when it comes to gifts. We explain how taxes work for both giving and receiving gifts of cryptocurrency.

How are Stablecoins Taxed?

May 3, 2022 - Stablecoins, like DAI, USDC, and USDT, are typically pegged to a fiat currency like the U.S. dollar. Here's how cryptocurrency tax works for these assets.

How to Reduce Your Crypto Taxes

May 3, 2022 - We're often asked how investors can minimize their crypto tax bill. Here are our top 5 tips.

Guide to Crypto Taxes in Australia

May 3, 2022 - The ATO taxes crypto assets. Read our intro to Australian crypto taxes to find out how your trades need to be reported on your tax returns.

Guide to Crypto Taxes in Japan

May 3, 2022 - Japan has very high tax rates on cryptocurrency—up to 55%. Learn about Japan's crypto tax policies and the importance of keeping thorough records.

Guide to Crypto Taxes in the Netherlands

May 3, 2022 - There are no capital gains taxes in the Netherlands, but a yearly wealth tax is imposed on assets. Learn more.

Guide to Crypto Taxes in the United Kingdom

May 3, 2022 - Learn how cryptocurrency is taxed and how to pay your crypto taxes in the U.K., as per HRMC rules and guidelines.

Guide to Crypto Taxes in Spain

May 3, 2022 - Spain is cracking down on crypto tax enforcement. Learn what you need to know to comply with existing tax guidance.

Guide to Crypto Taxes in South Africa

May 3, 2022 - South Africa is increasing crypto regulation, but tax guidance is still limited. Read what we know for sure.

How are DAOs Taxed?

April 28, 2022 - There’s a lot of uncertainty about how DAOs are taxed—and how they might be taxed in the future. Learn more.

501(c)(3)s Accepting Crypto Donations for Ukraine

April 28, 2022 - Here's a list of IRS 501(c)(3) charitable organizations providing aid to Ukraine and accepting crypto donations.

Trending Crypto Tax Topics for 2022

April 28, 2022 - What's on the horizon for crypto tax? We weigh in on which issues will continue to shape the crypto tax landscape for years to come.

What Does a John Doe Summons Mean for Crypto Investors?

April 28, 2022 - Recently, the IRS won John Doe summonses for several major crypto exchanges. We explain what this summons is and what it might mean for you.

The IRS Has Released New Crypto Tax Guidance

April 28, 2022 - In a new FAQ, the IRS has supplied new answers regarding cryptocurrency tax treatment for situations like crypto hard forks and air drops.

The Crypto Wash Sale Rule: Is There a Loophole?

April 28, 2022 - The IRS prohibits wash trading for financial securities—but does this rule apply to crypto assets? Learn more.

Tax on Crypto Margin Trading

April 28, 2022 - If you're crypto margin trading or lending, read more for info on which transactions may be taxable events.

Tax Deductions for Crypto Donations

April 28, 2022 - Donating crypto can provide significant tax savings, but the IRS’s reporting requirements can be tricky. Learn more about filing deductions here.

IRS Letters 6173, 6174, and CP2000 and Crypto Assets

April 28, 2022 - Did you receive an IRS Letter 6173, 6174, or 6174-A or a CP2000 notice for your crypto taxes? Learn what these letters mean and what actions you need to take.

How to File a Tax Extension

April 28, 2022 - If you're not finished filing after the tax deadline, you can file an extension or have your crypto tax professional do it for you. Learn the process.

How Crypto Airdrops and Hard Forks Are Taxed

April 28, 2022 - Learn about the IRS' guidance on how to pay tax on crypto airdrops and hard forks.

How To Find a Crypto Tax Accountant

April 28, 2022 - Do you need a crypto tax accountant? Learn the questions to ask when evaluating cryptocurrency CPAs.

When Do I Need a Crypto Reconciliation Specialist?

April 28, 2022 - If you have a complex crypto trading history, missing cost basis errors, NFT mints, or DeFi tax data, a crypto reconciliation specialist can help.

Can You Write Off Being Scammed On Your Crypto Taxes?

April 28, 2022 - Crypto scams and rug pulls happen. Unfortunately, if it happens to a U.S. taxpayer, claiming a casualty or theft loss on taxes is probably not possible.

Do Crypto Investors Need to Pay the NIIT?

April 28, 2022 - The net investment income tax (NIIT) is levied on those with investment income and gross income over a certain threshold. Does it apply to crypto? Read more.

Crypto-Friendly States: Which Are Best for Your Taxes?

April 28, 2022 - Some U.S. states and territories are more friendly to crypto taxpayers than others. Learn how where you live can lower your tax liability.

Can I Deduct Crypto Tax Software from my Taxes?

April 28, 2022 - Individual taxpayers used to be able to deduct tax preparation fees, but this changed in 2018. Find out if you can still write them off.

California May Legalize Crypto for Cannabis Tax Payments

April 28, 2022 - California lawmakers have introduced a bill that would allow cannabis-related business to pay taxes in stablecoins.

Bittrex Shut Down in New York: How to get Your Trade Data

April 28, 2022 - Bittrex is shutting down NY operations. Learn how to get your trade data for taxes if you are a New York Bittrex user.

Guide to Estimated Quarterly Taxes for Crypto

April 28, 2022 - Should you be paying estimated quarterly taxes on your crypto earnings? Read our guide to find out.

5 Best Crypto IRAs: What are they? How do they work?

April 28, 2022 - IRAs receive preferential tax treatment, so buying crypto in one may have tax advantages in the future. We introduce 5 leading IRA providers.

Swedish Crypto Trader Gets $1,000,000 Tax Bill

April 28, 2022 - Swedish trader gets $1m tax bill. Learn more from TokenTax: Import your crypto trading from any exchange and export the required bitcoin tax forms.

How The Cryptopia Hack Affects Your Taxes

April 28, 2022 - On January 15, 2019, New Zealand based crypto exchange Cryptopia announced that they were hacked. How could this affect your taxes?

What to Expect from a Crypto Tax Audit

April 28, 2022 - What kind of information do crypto tax audits look for? We outline some of the most common questions asked in IRS and CRA crypto tax audit letters.

Ultimate Crypto-Friendly Intro to Personal Finance

April 28, 2022 - New to personal finance? We offer a crypto-friendly intro to taxes, retirement savings, credit building, and more.

NFT Tax Guide: Investing, Creating, Gaming and More

April 28, 2022 - NFTs have exploded in popularity among investors, artists, and gamers. But do you know how they're taxed? Learn more.

The TokenTax Cryptocurrency Affiliate Program

April 8, 2022 - Earn cash or crypto with TokenTax’s crypto affiliate program. Learn how to create a TokenTax referral link to earn money.

Ethereum 2.0 Tax Guide

April 8, 2022 - Is staking ETH 2.0 a taxable event? What about earning rewards? Get answers here.

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