Tax Guide 2023

An international guide to paying (and avoiding) taxes on crypto investments.

Tax Guide 2023

Featured


Opinion

Nervous About Crypto Taxes? Donate Your Profitable Holdings Instead

Crypto traders can avoid paying capital gains taxes by reaping the benefits of one of the most generous deductions in the tax code.

(Yunha Lee/CoinDesk)

Opinion

New 1099-DA Reporting Creates More Headaches for Taxpayers

You might think new tax reporting rules for exchanges should mean less work for the taxpayer, but it’s the opposite, says CPA Kirk Phillips.

(Dimitri Karastelev/Unsplash, modified by CoinDesk)

Web3

How Will NFTs Be Taxed? Understanding the IRS' New Proposed Guidelines

Tax experts weigh in on how the IRS will decide if NFTs are collectibles.

The Internal Revenue Service has shared the form that U.S. taxpayers will be using soon to report their crypto gains. (Shutterstock)

Consensus Magazine

Top 5 Crypto Tax Questions, Answered

Tax experts weigh in on how the IRS views crypto trading profits, gifts, mining rewards and more.

(Yunha Lee/CoinDesk)

Learn

Do You Owe Taxes on Your NFT?

Here are the NFT-related rules of thumb to consider when filing your 2022 taxes.

(Getty Images)

Opinion

Crypto Can De-Escalate the Tax War

The transparency and immutability of blockchain transactions could allow for tax assessment and collection to be vastly more efficient than the status quo.

25th December 1776:  George Washington crosses the Delaware River into Pennsylvania and with a surprise attack defeats Hessian soldiers employed by the British in the Battle of Trenton. Original Artist: By Paul Girardet after Leutze  (Photo by MPI/Getty Images)

Opinion

Use Your Crypto Losses to Turn the Tables Against the IRS

If you’re a high earner or someone who lives in a high-tax state, you should look into tax-loss harvesting. You may be able to save up to 50% on your capital gains tax bill.

(Tyler Franta/Unsplash, modified by CoinDesk)

Learn

How to Benefit From Tax-Loss Harvesting in Crypto

The year 2022 has been rough in the markets, but one way to take the sting out of losses is to take advantage of tax-loss harvesting to offset any capital gains from other profits.

Tax paperwork (Pixabay)

Opinion

The Automatic Tax Man Cometh

Crypto won’t save you from taxes, but it may eventually make them easier to pay, says futurist Dan Jeffries. This piece is part of CoinDesk's Tax Week.

Robot hand typing keypad calculator taxes tax help (Melody Wang/CoinDesk)

Layer 2

The 7 Types of Crypto Tax Nightmares

Meet the yoga instructors, limo drivers and real estate agents who've been to hell and back. This piece is part of CoinDesk's Tax Week.

Dollar Bills, a Calculator, and a BTC Piggy Bank Inside a Kettle

Pageof 1