Key Facts About Crypto Tax in Arizona
Arizona's flat 2.5% rate is one of the lowest in the country, drawing crypto-active residents to Phoenix and Scottsdale. The state side is simple, the federal crypto tax work is where the real complexity lives.
- Arizona taxes crypto gains at a flat 2.5%, among the lowest in the U.S.
- Arizona uses static IRC conformity; new federal crypto rules don't auto-flow.
- Arizona has no estate or inheritance tax, relevant for long-hold crypto succession.
- Rebuilding cost basis across exchanges, wallets, and DeFi is where most Arizona crypto returns fail accuracy checks.
- As your crypto tax professional, Count On Sheep delivers CPA-ready 8949 and Schedule D inputs to your existing CPA or TurboTax.
Phone: (858) 434-7547
From Phoenix to every metro in Arizona
Arizona crypto investors in Phoenix, Scottsdale, Tucson, Mesa and surrounding metros, served remotely from anywhere in the state.
Arizona's flat 2.5% income tax is one of the most favorable rates in the country, but the federal crypto tax work work is identical to higher-tax states. Phoenix, Scottsdale, Tucson, and Mesa residents still face the same wallet, exchange, and DeFi history problems. We rebuild the on-chain ledger across every venue and protocol and hand off CPA-ready 8949, Schedule D, and Schedule 1 inputs. Count On Sheep is your crypto tax professional for Arizona. Your CPA stays your CPA. We handle the crypto math, they file the return.
Keep your CPA. We do the crypto.
Your CPA handles your business return, your W-2, your K-1s, your real estate. We are the crypto tax professionals who handle the wallet, exchange, and DeFi side, for Arizona residents and beyond.
Former Big 4 + CPA leadership
Our team came up inside Big 4 firms and CPA leadership roles, then went deep into crypto. Same audit-grade discipline that ran public-company engagements, applied to your wallet history.
USA-based, hands-on team
A senior crypto tax professional reviews every engagement. No offshore data-entry pipeline, no automated black box. Every edge case, basis split, and DeFi classification is handled by humans here.
We stay in our lane
We don't file your taxes. We don't replace your CPA. We do the part most CPAs and most software can't, the crypto. Then your CPA files, or you file with TurboTax.
How Arizona treats crypto for tax
Federal Crypto Tax Treatment (applies in Arizona)
Reportable on Form 8949, Schedule D, Schedule 1 (or Schedule C for mining as a trade or business). Count On Sheep produces these inputs from your complete on-chain history.
What we untangle for Arizona crypto investors
Four steps, start to finish
From anywhere in Arizona.
Connect
You connect read-only access to your exchanges and share wallet addresses. CSV exports work too.
Reconcile
We pull and reconcile every wallet, exchange, and DeFi interaction into one ledger with cost basis, holding period, and proceeds per lot.
Specialist Review
A senior crypto tax professional reviews edge cases. Manual basis splits, DeFi classifications, bridge events, restaking, NFTs.
CPA-Ready Reports
You get CPA-ready Form 8949, Schedule D, Schedule 1 inputs (and Schedule C for mining), plus full workpapers. Hand to your CPA, or load into TurboTax.
Clean files, ready for your CPA
When the crypto tax work is done, you receive a tidy package: Form 8949 detail, Schedule D totals, Schedule 1 inputs for staking and airdrops, and the workpapers behind every number. That goes straight to your CPA, or into TurboTax.
Common questions, Arizona edition
How does Arizona's static conformity affect crypto tax work?
Arizona doesn't auto-adopt every federal change. New federal crypto provisions may not flow to Arizona until the legislature acts. That makes a clean federal crypto tax work more important, when state conformity gaps appear, your CPA needs accurate per-event federal data to know where the state diverges.
What's the Arizona income tax rate on crypto gains?
Arizona's top marginal income tax rate is 2.5%. Flat 2.5% rate (enacted 2023); previously had graduated brackets. Crypto gains are reported as ordinary income or capital gains depending on holding period; Arizona generally follows the federal characterization. Count On Sheep produces the federal 8949 and Schedule D inputs your CPA needs to complete the Arizona return. We don't file the return ourselves.
Do you file my taxes?
No. That's deliberate. Count On Sheep is a team of crypto tax professionals. Former Big 4 and CPA leadership, now crypto-native blockchain tax experts. We produce CPA-ready 8949, Schedule D, and Schedule 1 inputs. Your CPA files. Or you file with TurboTax. Staying out of preparation keeps the engagement conflict-free and the audit trail clean.
Can my CPA use your reports?
Yes. That is exactly the point. Our deliverable drops directly into the workflow your CPA already uses. Schedule D totals, 8949 detail, Schedule 1 inputs for staking and airdrops, and reconciliation workpapers behind every number.
Does this work with TurboTax?
Yes. If you self-file, the Count On Sheep deliverable plugs into TurboTax. You enter the 8949 totals (or import where supported), and our workpapers back up every line if you ever need to defend it.
How does a remote engagement work?
Everything is remote. We serve Arizona residents from anywhere in the state. You grant read-only API access to your exchanges, share wallet addresses for on-chain history, and we handle the rest. No travel, no in-person meetings required.
What do I need to start?
Exchange account access or CSV exports, wallet addresses for every chain you have transacted on, any prior-year tax returns that touched crypto, and a brief on your DeFi activity. We scope from there.
How is the engagement priced?
First-time crypto tax engagements start at a $999 minimum. Larger or more complex engagements are scoped hourly at $500/hr after the initial call. All fees are quoted in writing before you commit.
About the Count On Sheep team
Count On Sheep is a USA-based team of crypto tax professionals. Former Big 4 accountants and CPA leadership, now crypto-native blockchain tax experts. We do hands-on crypto tax work for high-volume investors, funds, founders, and active traders, including Arizona residents from Phoenix, Scottsdale, Tucson and beyond.
We don't file taxes. We don't replace your CPA. Most CPAs don't do crypto, that's the gap we fill. We bridge DeFi and TradFi to produce the 8949, Schedule D, and Schedule 1 inputs your CPA can drop into your return.
Ready to get your crypto tax handled and CPA-ready?
Book a free scoping call or call us directly. We serve Arizona residents remotely.