Key Facts About Crypto Tax in Indiana
Indiana taxes crypto gains at a flat 3.05% (stepping down) plus county-level add-ons that vary by residency. The state side is light, but the per-event federal crypto tax work is exactly the same as anywhere else.
- Indiana taxes crypto gains at a flat 3.05% (stepping down) plus county add-ons.
- Indiana uses rolling IRC conformity.
- County income-tax add-ons piggyback on federal AGI, accurate federal numbers drive everything downstream.
- First-time crypto-tax filers in Indiana often need multi-year historical crypto tax work, not just current year.
- Count On Sheep produces CPA-ready 8949 and Schedule D inputs, your CPA files.
Phone: (858) 434-7547
From Indianapolis to every metro in Indiana
Indiana crypto investors in Indianapolis, Fort Wayne, Evansville, South Bend and surrounding metros, served remotely from anywhere in the state.
Indiana crypto investors in Indianapolis, Fort Wayne, Evansville, and South Bend pay a flat state rate plus county-level add-ons. The federal crypto tax work, wallets, exchanges, DeFi, mining receipts, is the same as anywhere else. We rebuild the on-chain ledger and hand off CPA-ready 8949, Schedule D, and Schedule 1 inputs. Count On Sheep is your crypto tax professional serving Indiana. Your CPA stays your CPA. We produce the crypto deliverable, they file.
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 Indiana 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 Indiana treats crypto for tax
Federal Crypto Tax Treatment (applies in Indiana)
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 Indiana crypto investors
Four steps, start to finish
From anywhere in Indiana.
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, Indiana edition
Do I need to do anything different for Indiana's county taxes on crypto gains?
County add-ons piggyback on your state taxable income, which flows from federal AGI. Get the federal numbers right and the county math follows. The work is on the federal side, bridging wallets, exchanges, and DeFi into clean per-event detail.
What's the Indiana income tax rate on crypto gains?
Indiana's top marginal income tax rate is 3.05%. Flat 3.05% rate (reduced from 3.15% in 2024); county taxes add 0.5-2.9%. Crypto gains are reported as ordinary income or capital gains depending on holding period; Indiana generally follows the federal characterization. Count On Sheep produces the federal 8949 and Schedule D inputs your CPA needs to complete the Indiana 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 Indiana 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 Indiana residents from Indianapolis, Fort Wayne, Evansville 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 Indiana residents remotely.