4 Guides across 1 job. Each Guide is authored by an accountant; the ones more colleagues stand behind rise to the top.
US federal tax on cryptocurrency INCOME / RECEIPT events — mining, staking rewards (Rev. Rul. 2023-14), airdrops and hard forks (Rev. Rul. 2019-24), DeFi lending/yield, interest and rewards. Ordinary-income recognition at FMV on dominion & control, self-employment tax for mining/staking businesses, and basis created on receipt. Disposals/basis/rates, forms, and NFTs are covered by us-crypto-tax, us-crypto-reporting, and us-nft-tax.
US federal cryptocurrency REPORTING & disclosure — Form 1040 digital-asset question, Form 8949 + Schedule D, Schedule C/Schedule 1, Form 1099-DA broker reporting (IRC §6045) phase-in, §6050I/Form 8300, FBAR (FinCEN Form 114), FATCA Form 8938, charitable-donation qualified appraisal (Form 8283), gift reporting (Form 709), and recordkeeping. Substantive treatment, income recognition, and NFTs are in sibling skills.
US federal cryptocurrency CORE rules — digital assets as property (Notice 2014-21); taxable disposal events (sell/swap/spend, gas fees, own-wallet transfers); holding period and capital-vs-ordinary character; cost basis & lot relief (FIFO / specific-ID, per-wallet basis Rev. Proc. 2024-28); capital-gains rates and NIIT; wash-sale inapplicability; §1031 inapplicability; stablecoins; capital losses. Income events, reporting/forms, and NFTs: us-crypto-income-events, us-crypto-reporting, us-nft-tax.
US federal tax treatment of NFTs (non-fungible tokens) — property classification, collectible look-through 28% rate (PROPOSED, Notice 2023-27), creator (ordinary + SE) vs investor (capital) treatment, royalties, minting/gas basis, and gifting/donation. Broader crypto rules: us-crypto-tax, us-crypto-income-events, us-crypto-reporting.