Key Facts About Crypto Tax in Nebraska
Nebraska's 5.84% top rate is stepping down as the state moves toward lower rates. Omaha and Lincoln residents, plus a steady mining presence using cheap power, drive Nebraska's crypto tax work needs.
- Nebraska taxes crypto gains as ordinary income up to 5.84% (stepping down).
- Nebraska uses rolling IRC conformity.
- Mining rewards are ordinary income at fair market value on receipt, daily reconstruction is the work.
- Omaha financial-services professionals often run high-volume strategies requiring per-lot crypto tax work.
- Count On Sheep produces CPA-ready 8949 and Schedule D inputs, your CPA files.
Phone: (858) 434-7547
From Omaha to every metro in Nebraska
Nebraska crypto investors in Omaha, Lincoln, Bellevue, Grand Island and surrounding metros, served remotely from anywhere in the state.
Nebraska crypto investors in Omaha, Lincoln, and Bellevue face a state rate stepping down over time. Miners using cheap rural power need daily reward stream reconstruction; Omaha financial-services professionals often have high-volume trade ledgers. We pull every wallet, exchange, and pool into one ledger and hand off CPA-ready 8949, Schedule D, and Schedule 1 inputs. Count On Sheep is your crypto tax professional in Nebraska. Your CPA stays your CPA. We produce the crypto inputs, they manage the filing.
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 Nebraska 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 Nebraska treats crypto for tax
Federal Crypto Tax Treatment (applies in Nebraska)
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 Nebraska crypto investors
Four steps, start to finish
From anywhere in Nebraska.
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, Nebraska edition
How is Nebraska crypto-mining income handled?
Mining rewards are ordinary income at fair market value on receipt. Reconstructing daily reward streams across pools and validators is the work. We rebuild the receipt ledger and produce Schedule 1 / Schedule C and Schedule D inputs your CPA drops into the return.
What's the Nebraska income tax rate on crypto gains?
Nebraska's top marginal income tax rate is 3.99%. 3.99% top marginal rate (reduced from 5.84% under LB 754 reform; phasing down). Crypto gains are reported as ordinary income or capital gains depending on holding period; Nebraska generally follows the federal characterization. Count On Sheep produces the federal 8949 and Schedule D inputs your CPA needs to complete the Nebraska 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 Nebraska 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 Nebraska residents from Omaha, Lincoln, Bellevue 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 Nebraska residents remotely.