Save “Report cryptocurrency properly” to MyCheck
From USTAXX
Do You Have to Pay Taxes on Cryptocurrency?7 steps · Checklist
Report cryptocurrency properly
What counts, and where it goes on the return.
Sort every transaction into taxable and non-taxable.
Separate short-term from long-term disposals; the treatment differs.
Work out the cost basis for each disposal, transaction fees included.
Download full histories from every exchange and wallet, dormant ones too.
Report gains on Form 8949 and summarise them on Schedule D.
Put staking rewards and crypto received for work through income.
Catch up on unreported years rather than waiting to be asked.
Free, and yours to edit — tick items off on the web or in the MyCheck app.