Crypto Taxation FAQs

IRS 2024-28

• How to use the safe harbor tool
• What is the Safe Harbor report? How do I create safe harbor from my Closing?
• Where is the safe harbor tool?
• Understanding the Safe Harbor Rules for 2025

General Taxation Questions

• Preparing for the 2025 IRS crypto reporting requirements - Rev. Proc. 2024-29
• What is considered a taxable event?
• Is buying crypto with fiat a taxable event?
• Do I have to pay taxes if I buy items or pay for services with crypto?
• Do I have to pay taxes if I've received crypto as a payment?

Reporting

• How do I account for crypto forks?
• How do I report crypto I earned from mining?
• How do I report lost or stolen crypto?
• How do I report tips and gifts?
• Regarding exchange shutdowns