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US Crypto Tax
US Crypto Tax
Answers to commonly asked questions about US Crypto taxes.
11 articles in this collection
Written by
Daniel Howitt
and
Sam Adams
How should I answer "The Cryptocurrency Question" the IRS added to Schedule 1?
At any time during 2019, did you receive, sell, send, exchange, or otherwise acquire any financial interest in any virtual currency?
Written by
Sam Adams
Updated over a week ago
How much crypto tax do I owe?
Calculating how much you owe on crypto trades can be confusing - Here is some more info
Written by
Daniel Howitt
Updated over a week ago
Which taxes apply to cryptocurrency that I have received or earned in the US?
Find out which taxes apply to crypto that you have not “bought”
Written by
Daniel Howitt
Updated over a week ago
What is classed as a taxable event for cryptocurrencies?
Is selling to fiat taxable? Is trading crypto to another crypto a taxable event? Find out here!
Written by
Daniel Howitt
Updated over a week ago
How much profit do I need to have made to be liable for crypto tax?
At what point do you need to start paying tax on your crypto trading?
Written by
Daniel Howitt
Updated over a week ago
Can I use cryptocurrency losses to offset taxable gains?
If you lost money on some cryptocurrency you sold, it could offset any taxes you owe for cryptocurrency you sold for a profit.
Written by
Daniel Howitt
Updated over a week ago
Which cost basis method should I use to calculate cryptocurrency taxes?
FIFO? LIFO? HIFO? Help!
Written by
Daniel Howitt
Updated over a week ago
How should I keep track of my crypto trades for tax purposes?
Find out the information that the IRS requires on your crypto trades in order to file your taxes
Written by
Daniel Howitt
Updated over a week ago
Can I owe more in crypto taxes than the entire value of my crypto portfolio?
Potentially, find out more and what to do in this scenario
Written by
Daniel Howitt
Updated over a week ago
How do forks impact crypto taxation?
Forks can be an unclear area of crypto taxation - we are here to help you understand how to calculate tax owed on forks
Written by
Daniel Howitt
Updated over a week ago
How is staking treated for US crypto taxation?
Staking is an interesting area of cryptocurrency taxation - find out how you should treat it in the US
Written by
Daniel Howitt
Updated over a week ago