Expert guides on crypto taxes, DeFi reporting, IRS compliance, and strategies to minimize your tax bill legally.
123 articles
During a routine test, we discovered 74 forgotten DeFi positions worth $2,300+ — and another user had $11,600 in uncollected Meteora rewards. Here's how to find yours.
Everything you need to file your crypto taxes this year. One-click filing package, step-by-step guides for every tax software, and the 1099-DA explained.
We listened to what crypto tax users actually need and built the 6 most-requested features: Excel export, spam filtering, worthless coin losses, portfolio analytics, on-demand recalc, and better errors.
Phase 14 release roundup: custom token support with manual pricing, L2 wallet auto-detection, country-specific tax forms (8938, T1135, Italy), smart fee merge, and multi-portfolio management.
Create multiple portfolios to cleanly separate personal and business crypto, manage family taxes, or isolate trading entities. Each portfolio gets its own wallets, tax settings, and reports.
A complete guide to international crypto tax reporting forms: who needs IRS Form 8938, Canada T1135 foreign property reporting, and Italy Quadro RW/RT obligations. Learn thresholds, penalties, and how to generate each form.
Blockchain Smart Tax now supports direct exports for 8 US tax platforms including FreeTaxUSA and TaxSlayer. One click, correct format, no manual entry.
Invite your accountant to view your transactions, cost basis, and tax reports without giving them the ability to change anything. Token-based access with expiration dates and one-click revocation.
Create custom token definitions with manual pricing, price pegging, or CoinGecko lookup. Never see "unknown token" with a $0 value again.
Your tax summary, Excel, and Google Sheets exports now show what you held on January 1st and December 31st — with quantities and cost basis for every asset.
Our Discord server is live with an AI support bot that answers crypto tax questions instantly, 140+ FAQs, anti-scam protection, and channels for DeFi classification, bug reports, and feature requests.
The average cost basis method pools all your purchases to calculate a single per-unit cost. Learn how it compares to FIFO, LIFO, and HIFO, which countries require it, and when it makes sense for your crypto taxes.
Canada requires the Adjusted Cost Base method for crypto — no FIFO, no LIFO. Learn how ACB works with pooled cost, superficial loss rules, T1135 foreign property reporting, and Quebec TP-1079.
Foreign crypto exchange accounts can trigger FBAR and FATCA reporting requirements. Learn the $10K and $50K thresholds, filing deadlines, penalties, and how BlockchainSmartTax helps you stay compliant.
How are perpetual futures taxed? Funding rates, liquidations, and realized PnL from Hyperliquid, Jupiter, GMX, dYdX, and other perps protocols — all explained with examples.
How are Lightning Network transactions taxed? Channel opens, closes, payments, routing fees, and CSV imports from Phoenix, Zeus, BlueWallet, and Alby.
Canadian crypto holders with over CAD $100,000 on foreign exchanges must file the T1135 Foreign Income Verification Statement. Learn who needs to file, what counts as foreign, Quebec TP-1079, deadlines, and penalties.
Create API keys to pull your portfolio, transactions, tax summary, and wallet data from Blockchain Smart Tax. Build integrations, connect to spreadsheets, or feed your own dashboards.
Full Hyperliquid integration — perpetual futures, spot trading, funding rates, deposits, withdrawals, and liquidations. All classified automatically for your tax return.
A new IRS examination form requires crypto audit targets to list every exchange, wallet, and DeFi tool they have ever used — under penalty of perjury. Here is what it means and how to prepare.
Many DeFi protocols process trades off-chain. If you use perpetual futures exchanges like Zeta Markets, Vertex, Kwenta, Bluefin, or dYdX, your actual trades may not appear on the blockchain — and that means they are missing from your tax report.
Every tax export you download is automatically saved with a timestamp and integrity check. If the IRS audits you years later, you will have the exact file you filed — not a regenerated guess.
Step-by-step guide to creating a Coinbase CDP API key and connecting it for automatic crypto tax import. Learn how to set read-only permissions, what gets imported, and how to save money on your crypto tax report.
The IRS now requires per-wallet cost basis tracking. Missing a wallet means wrong tax numbers. Learn how automatic wallet discovery catches what you miss.
Importing a Coinbase, Kraken, or Lobstr deposit address by blockchain scanning pulls in everyone's transactions — not just yours. Learn how shared deposit addresses work and the correct way to import exchange data.
Some tokens have no price data — governance tokens, low-cap coins, NFT gifts, and worthless property. Learn how the IRS says to handle crypto with no fair market value.
DEX limit orders create escrow events that are not taxable — but most crypto tax tools report them as disposals. Learn how orderbook placement, fills, and cancels should actually be classified for taxes.
Learn how to report Crypto.com taxes for 2025. Covers 1099-DA forms, CSV exports, CRO staking, Visa card spending, DeFi Wallet, and common tax issues.
Stablecoin swaps are taxable events. Learn why USDC, USDT, and DAI are treated as property by the IRS and how to track stablecoin cost basis correctly.
Learn how memecoins are taxed, from Pump.fun bonding curves to Jupiter swaps to rug pulls. Covers capital losses, worthless assets, and tracking thousands of trades.
Step-by-step guide to importing your crypto tax Form 8949 CSV into TurboTax, H&R Block, TaxAct, and FreeTaxUSA. Avoid common errors and file with confidence.
A step-by-step crypto tax checklist to file before April 15. Gather 1099-DAs, fix cost basis, export Form 8949, and avoid costly last-minute mistakes.
Learn the real consequences of not reporting crypto on your taxes — IRS penalties, audit risks, and how to fix past non-reporting before it's too late.
Got a 1099-DA from your crypto exchange? Learn what it means, why cost basis is missing, how to reconcile it with Form 8949, and avoid IRS penalties.
Everything you need to know about cryptocurrency taxes in 2026. Capital gains, income, DeFi, staking, airdrops, and the new 1099-DA reporting requirements.
Complete guide to DeFi taxes. Learn how liquidity pools, yield farming, staking rewards, token swaps, and airdrops are taxed by the IRS.
Learn how to legally reduce your crypto tax bill with tax-loss harvesting. Includes wash sale rules, strategies, and how to automate it.
The IRS now requires per-wallet cost basis tracking starting January 2025. Learn what changed, how it affects your taxes, and how to comply.
Compare the top crypto tax platforms for 2026: Blockchain Smart Tax, Koinly, CoinTracker, CoinLedger, and AwakenTax. Features, pricing, and DeFi support.
How the IRS taxes staking rewards in 2026. Covers native staking, liquid staking tokens (stETH, mSOL, rETH), rebasing tokens, epoch rewards, and how to report them correctly.
Complete guide to NFT taxes in 2026. How the IRS treats buying, selling, minting, gifting, and receiving NFT airdrops — with reporting instructions and common pitfalls.
Received a crypto airdrop? Here's how the IRS taxes airdrops, how to calculate your cost basis, what to do with spam tokens, and how to report airdrop income correctly.
Complete guide to Solana taxes. How SOL transactions, Jupiter swaps, Raydium LPs, Marinade staking, and Solana NFTs are taxed in 2026.
All the key crypto tax deadlines for 2026: filing dates, extension deadlines, estimated tax payments, and new 1099-DA reporting dates.
How Ethereum transactions are taxed in 2026. Covers ETH sales, Uniswap swaps, Aave lending, Lido staking, and Layer 2 networks like Arbitrum and Base.
Complete guide to Bitcoin taxes in 2026. Covers selling BTC, the UTXO model, mining income, Lightning Network, Bitcoin ETFs, and wrapped BTC (WBTC).
How to handle taxes on Cosmos (ATOM) transactions, IBC transfers, staking rewards, Osmosis DEX swaps, and the rich Cosmos airdrop ecosystem.
Compare FIFO, LIFO, HIFO, and Specific Identification for crypto taxes. Real examples showing how each method affects your tax bill and when to use each.
Tax guide for active crypto traders. Short-term gains, the wash sale exemption, trader vs investor status, mark-to-market election, and record keeping for high-volume trading.
Step-by-step walkthrough of IRS Form 8949 for cryptocurrency. Short-term vs long-term sections, reporting codes, Schedule D summary, and common mistakes to avoid.
Complete guide to crypto mining taxes. Mining income at FMV, hobby vs business determination, deductible expenses including electricity and hardware depreciation, and pool mining.
How to handle taxes on Cardano (ADA) in 2026. Covers delegation rewards, SundaeSwap and Minswap DeFi, Cardano NFTs, and Catalyst voting rewards.
Tax guide for Polkadot (DOT) in 2026. Covers nomination staking, crowdloan contributions and rewards, parachain token rewards, and the 84-era reward expiry rule.
The current crypto wash sale exemption explained. What happens if legislation changes the rules, strategies to use while the exemption exists, and substantially identical asset traps.
How DeFi lending and yield farming are taxed. Covers Aave and Compound deposits, interest income, liquidations, receipt tokens (aTokens, cTokens), and impermanent loss.
Tax rules for gifting and receiving cryptocurrency. Annual exclusion, donor vs recipient basis, Form 709, charitable donations of crypto, and tax-smart giving strategies.
What triggers an IRS crypto audit, what agents look for, documentation you need, statute of limitations, penalties for non-compliance, and voluntary disclosure programs.
Tax treatment of leveraged crypto trading, perpetual futures, funding rates, and liquidations. Includes Section 1256 contract analysis and PnL reporting methods.
Tax guide for XRP and the XRP Ledger in 2026. Covers XRPL DEX trading, trust lines, XRP escrow, and the tax implications of the Ripple SEC case resolution.
How to handle taxes on Sui (SUI) in 2026. Covers SUI staking rewards, Cetus and Turbos DeFi, Move-based smart contracts, gas fees, and the Sui object model.
Complete guide to Avalanche taxes in 2026. How AVAX staking, subnet activity, Trader Joe swaps, and cross-chain bridging are taxed by the IRS.
How Arbitrum transactions are taxed in 2026. Covers ARB airdrop, GMX trading, Uniswap v3 on Arbitrum, bridging from Ethereum, and L2 fee treatment.
How Base chain transactions are taxed in 2026. Covers bridging from Coinbase, Aerodrome LP, friend.tech, and all DeFi activity on Base.
What happens to Bitcoin, Ethereum, and other crypto when you die? Estate tax rules, step-up in basis, executor duties, and how to document crypto for heirs.
Self-employed and getting paid in crypto? Learn how to handle self-employment tax, estimated payments, Schedule C, and record-keeping when clients pay in Bitcoin or ETH.
Debunking the most dangerous crypto tax myths — from "I didn't cash out so I owe nothing" to "crypto is anonymous." These misconceptions lead to IRS penalties.
Are crypto bridge transactions taxable? Learn how canonical bridges, third-party bridges, wrapped tokens, and failed bridge transactions are treated by the IRS.
How are WBTC, WETH, and other wrapped tokens taxed? Learn the difference between canonical wrapping, synthetic tokens, and cross-chain representations — and when wrapping triggers a taxable event.
How are DAO governance tokens, treasury distributions, contributor payments, and protocol revenue sharing taxed? A guide for DAO participants and contributors.
Can you deduct impermanent loss on your taxes? Learn what impermanent loss is, how it interacts with LP entry and exit tax events, and how to calculate your true LP gain or loss.
Donating Bitcoin or Ethereum to charity? You can avoid capital gains AND get a deduction for the full fair market value. Learn the rules, Form 8283, qualified organizations, and holding period requirements.
Need to fix a crypto tax mistake? Learn when to file Form 1040-X, the statute of limitations, how to calculate amended gains, what penalties to expect, and when voluntary disclosure makes sense.
A complete guide to Optimism crypto taxes in 2026. Learn how OP token transactions, L2 DeFi, and retroactive public goods funding airdrops are taxed by the IRS.
Everything you need to know about Polygon crypto taxes in 2026. Covers MATIC to POL migration, DeFi protocols, zkEVM transactions, and IRS reporting requirements.
Guide to TON blockchain taxes in 2026. Learn how Toncoin transactions, Telegram wallet activity, Jetton tokens, and TON staking are treated by the IRS.
Complete guide to NEAR Protocol taxes in 2026. Covers NEAR staking rewards, DeFi on NEAR, account-based addressing, Aurora EVM, and IRS reporting.
Divorcing with cryptocurrency? Learn how digital assets are divided, valued, and taxed. Covers community property states, equitable distribution, hidden crypto, and non-taxable transfers.
US persons holding crypto on foreign exchanges or in foreign wallets may have FBAR and FATCA filing obligations. This guide covers FinCEN 114, Form 8938, expat crypto taxes, and DeFi reporting.
If your business accepts crypto as payment or pays employees in crypto, specific IRS rules apply. This guide covers income recognition, payroll, inventory accounting, and business deductions.
Not all crypto tax software is equal. This checklist covers 15 critical features to evaluate before choosing a platform — from chain coverage and DeFi support to price accuracy and audit trails.
MEV — maximal extractable value — generates real income for searchers, validators, and bots. This guide explains how sandwich attacks, arbitrage, liquidations, and validator MEV tips are taxed.
When a token migrates 1:1 to a new contract, is it taxable? This guide covers MATIC→POL, token redenominations, the Ethereum Merge, and hard forks — with IRS analysis for each.
College students trading crypto face unique tax situations. This guide covers dependent filing requirements, standard deduction limits, FAFSA impacts, and how to report gains from Coinbase, Robinhood, and DEX trading.
Crypto perpetual futures generate complex tax situations. This guide covers PnL recognition, funding rate income and expense, liquidation events, Section 1256 analysis, and offshore exchange reporting.
Everything you need to know about reporting Coinbase taxes. How to export your transaction history, calculate gains, and file accurately with the IRS.
How to get your Binance tax forms, export transaction history, and report spot trading, futures, staking, and earn products on your US tax return.
Step-by-step guide to Kraken taxes. How to export your Kraken history, report staking rewards, futures PnL, and spot trades on your US tax return.
How Robinhood crypto taxes work. What forms Robinhood sends, how to report your gains, and what changed with Robinhood Wallet and crypto withdrawals.
The most common crypto tax questions asked on Reddit, answered with accurate IRS guidance. Covering wash sales, losses, staking, transfers, and more.
Do you owe taxes on crypto? The short answer, plus every scenario explained: trading, holding, staking, transfers, gifts, and more.
Exact 2026 crypto tax rates for short-term and long-term capital gains. Includes income brackets, NIIT, state taxes, and how to calculate what you owe.
How to calculate your crypto capital gains and losses for free. Manual method plus how to use crypto tax software to automate the process.
A complete list of every crypto taxable event: trading, staking, DeFi, airdrops, NFTs, mining, and more. Know exactly when you trigger a tax obligation.
2026 crypto tax rates at a glance. Exact brackets for short-term and long-term capital gains, NIIT surcharge, and strategies to get into the lower bracket.
Seven legal strategies to reduce your crypto taxes: holding periods, tax-loss harvesting, charitable donations, IRAs, gifting, cost basis optimization, and more.
How to deduct crypto losses on your tax return. Capital loss rules, the $3,000 limit, carryforward rules, and how to report on Form 8949 and Schedule D.
The latest IRS crypto reporting requirements for 2026. Form 1099-DA, Form 8949, Schedule D, the digital asset question on 1040, and broker reporting rules.
How to complete Schedule D for cryptocurrency transactions. Includes Form 8949, short-term vs long-term reporting, and how to handle hundreds of trades.
New to crypto taxes? This beginner's guide explains everything from scratch: what's taxable, how gains are calculated, what forms to file, and how to get compliant.
How MetaMask transactions are taxed. Covering swaps, gas fees, DeFi interactions, NFT purchases, and how to import your MetaMask history for tax reporting.
How to handle taxes for your Phantom wallet. Covering Solana swaps, Jupiter DEX, Solana staking rewards, NFT sales, and how to import your transaction history.
How to handle Celsius Network bankruptcy on your taxes. When you can claim a loss, what type of loss it is, and how to document your Celsius claim for the IRS.
How to handle FTX bankruptcy losses on your taxes. When to claim the deduction, what type of loss applies, how to calculate your FTX loss, and required documentation.
How Bitcoin ETFs are taxed in 2026. Covering spot Bitcoin ETFs (IBIT, FBTC, BITB), GBTC, and futures ETFs. Capital gains rates, 1099-B reporting, and strategies.
State-by-state breakdown of cryptocurrency taxes. Which states have no crypto tax, which have the highest rates, and how state taxes interact with federal crypto taxes.
How to import crypto transactions into TurboTax. Step-by-step guide for TurboTax Premier, supported exchanges, CSV import, and common error fixes.
When should you hire a crypto tax CPA? Signs you need professional help, what to look for in a crypto-specialized accountant, and how to prepare for the meeting.
How Uniswap transactions are taxed. Covering V2 and V3 swaps, liquidity pool positions, LP fees, UNI governance token, and how to import Uniswap history.
DeFi taxes explained in plain English. What happens when you swap, stake, farm yield, or use lending protocols — and how to report it all on your tax return.
Learn how to report Gemini crypto taxes, download tax documents, handle Gemini Earn losses, staking rewards, and import into tax software for 2025.
Compare Blockchain Smart Tax, Koinly, and CoinLedger side by side. See pricing, blockchain support, DeFi features, and cost basis methods for 2026.
Learn how to claim a worthless crypto tax deduction for rug pulls, dead tokens, and failed projects. Two IRS-approved methods to recover losses on Form 8949.
Learn how crypto tax works in the UK, Canada, and Australia. Covers CGT rates, cost basis methods, reporting requirements, and key differences from US rules.
Learn how restaking taxes work for stETH, rETH, cbETH, and EigenLayer. Understand rebasing vs reward-bearing LSTs and how each model affects your crypto taxes.
Learn how to track crypto tax cost basis across multiple wallets and exchanges. Avoid phantom gains, understand IRS Rev. Proc. 2024-28, and simplify reporting.
Learn how the IRS tracks cryptocurrency through Form 1099-DA, blockchain analytics, and John Doe summonses — and how to stay compliant in 2026.
Learn how to report friend.tech key trades, Aerodrome swaps, and meme coin activity on Base chain for taxes. Complete guide to Base L2 crypto tax rules.
Learn how tokenized real-world assets (RWAs) are taxed. Covers tokenized treasuries, gold, real estate, and stocks with IRS guidance for 2025-2026.
Learn how CARF crypto reporting and EU DAC8 rules will share your exchange data across borders. What crypto traders need to know and do before 2027.
Learn proven crypto tax planning strategies for 2026 including tax-loss harvesting, cost basis optimization, and holding period management to reduce your bill.
Missing crypto cost basis means the IRS treats your entire sale as profit. Learn step-by-step methods to reconstruct your records and avoid paying phantom gains.
A practical guide for CPAs handling crypto tax clients. Learn workflows, cost basis methods, and how to efficiently calculate and report digital asset gains.
A security incident at a crypto tax platform can expose more than passwords — here is what to do immediately to protect yourself, and what we do to protect your data.
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