If you bought, sold, swapped, spent, staked, mined, received, or moved cryptocurrency or another digital asset this year, the tax return depends on facts an exchange summary alone will not give you. This free checklist helps you organize those facts before you file, not guess at a result after.
What this free checklist covers
- The legal spine in plain English: property treatment under IRC section 1001, IRS Notice 2014-21, and the staking-reward rule in Rev. Rul. 2023-14.
- A record-cleanup process: wallets, exchanges, transfers between your own accounts, and the cost-basis gaps that cause overstated gains.
- Income classification: capital gain and loss versus ordinary income from staking, mining, rewards, and airdrops.
- Gain and loss reporting, and the digital asset question every Form 1040 now asks.
- A worked example and a quick-reference data table.
Who it is for
U.S. taxpayers who used digital assets during the year and want to know what to gather before preparing a return or asking for help.
Get the checklist
Enter your name and email and the checklist downloads right away.
This guide is for information only. It is not legal or tax advice, it does not create a client relationship, and no specific outcome is guaranteed.
Want help with a specific wallet, exchange, or filing position?
Noah Green, CPA, CFE, works with digital asset taxpayers to organize records, classify income, and prepare an accurate return. Use the Sheepdog Tax contact form to reach out.
Prepared by Noah Green, CPA, CFE