Crypto Tax Guide 2026: IRS Rules, Forms & Rates
Master your 2026 crypto taxes. Learn the new IRS Form 1099-DA rules, wallet-level tracking, capital gains rates, and how to file Forms 8949 and Schedule D.
Crypto tax insights and concepts made easy to understand and reviewed by a Former Big 4 CPA. All blog posts are for educational purposes only and do not constitute tax advice.
Master your 2026 crypto taxes. Learn the new IRS Form 1099-DA rules, wallet-level tracking, capital gains rates, and how to file Forms 8949 and Schedule D.
Selling XRP taxes for 2026: short vs long term rates, the 0/15/20 brackets, worked examples, FIFO vs specific identification, Rev. Proc. 2024-28 wallet rules, the 1099-DA zero-basis trap, SEC lawsuit tax myths, and loss harvesting.
XRP ETF taxes for 2026: how spot XRP ETFs like XRPC, XRPZ, and GXRP work as grantor trusts, the sponsor-fee micro-sales on your 1099-B, why wash sale rules apply to ETF shares but not XRP, IRA placement, and ETF vs direct XRP compared.
XRP Flare airdrop taxes for 2026: when FLR and Songbird airdrops became income, monthly FlareDrop timing, what happens if you never claimed, exchange vs self-custody claims, cost basis, and selling airdropped tokens.
XRP Ledger DeFi taxes for 2026: XLS-30 AMM deposits and LP tokens, XRPL DEX trades, wrapped XRP bridging, trust lines, XLS-20 NFTs and royalties, and how to keep records when tax software barely supports XRPL.
XRP staking and lending taxes for 2026: why XRP has no native staking, how exchange earn program rewards are taxed as ordinary income, platform risk lessons from Celsius and BlockFi, DeFi lending of wrapped XRP, and Schedule 1 vs Schedule C reporting.
Bitcoin ETF taxes for 2026: how spot ETFs like IBIT, FBTC, and GBTC work as grantor trusts, the phantom expense sales on your 1099-B, wash sale rules, ETFs in IRAs, GBTC conversion basis, and futures ETFs like BITO.
Bitcoin mining taxes for 2026: hobby vs business classification, income at fair market value, Schedule C and self-employment tax, equipment depreciation, electricity deductions, quarterly estimates, and selling mined coins.
Bitcoin Ordinals and BRC-20 taxes for 2026: inscribing costs, Magic Eden trades, Runes, rare sat hunting, creator royalties, the 28% collectibles question, and records.
Does the wash sale rule apply to crypto in 2026? No. Learn why crypto is exempt, how the tax-loss loophole works, the ETF exception, and what could change.
Ethereum DeFi taxes for 2026: Uniswap swaps and v3 LP positions, adding and removing liquidity, impermanent loss, Aave and Compound interest, borrowing and liquidations, WETH wrapping, airdrops as income, and where broker reporting actually stands.
Ethereum gas fee taxes for 2026: when gas adds to cost basis, when it reduces proceeds, why spending ETH on gas is itself a taxable disposal, failed transactions, DeFi gas, L2 fees, and the records that hold it all together.
Liquid staking and restaking taxes for 2026: is ETH to stETH taxable, how rebasing income works, rETH and cbETH appreciation, EigenLayer points and airdrops, and basis tracking.