Frequently Asked Questions

 
 

Which crypto transactions are taxable events?

How do I report my cryptocurrency gains and losses?

What are the tax impacts of hardforks and airdrops?

Can I claim any cryptocurrency losses? Is anything deductible?

What is cryptocurrency?

Do crypto-to-crypto trades qualify for like-kind exchanges?

I received payment for services or goods in cryptocurrency. Does that get the same treatment as gains from trades? Does that even trigger a taxable event?

What is a capital gain? If I have capital gains, how do I know if they are classified as short or long term?