Key Facts About Crypto Tax in North Dakota
North Dakota's 2.5% top rate is among the lowest in the country. Oil-and-gas industry pros and a steady mining presence using cheap power drive most of the crypto tax work here.
- North Dakota taxes crypto gains as ordinary income up to 2.5%, among the lowest in the U.S.
- North Dakota uses rolling IRC conformity.
- Mining rewards are ordinary income at fair market value on receipt, daily reconstruction is the work.
- Oil-and-gas industry professionals with side crypto portfolios are a common ND profile.
- As your crypto tax professional, Count On Sheep delivers CPA-ready 8949 and Schedule D inputs, your CPA files.
Phone: (858) 434-7547
From Fargo to every metro in North Dakota
North Dakota crypto investors in Fargo, Bismarck, Grand Forks, Minot and surrounding metros, served remotely from anywhere in the state.
North Dakota crypto investors in Fargo, Bismarck, Grand Forks, and Minot face one of the lowest state rates in the U.S. Oil-and-gas industry professionals and miners using cheap power dominate the crypto tax work profile. 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 serving North Dakota. Your CPA stays your CPA. We produce the crypto piece, 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 North Dakota 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 North Dakota treats crypto for tax
Federal Crypto Tax Treatment (applies in North Dakota)
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 North Dakota crypto investors
Four steps, start to finish
From anywhere in North Dakota.
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, North Dakota edition
How does mining receipt crypto tax work work for an ND operator?
Each mining reward is ordinary income at fair market value on receipt, that becomes basis for any later sale. We reconstruct the daily reward stream across pools and validators and produce Schedule 1 / Schedule C and Schedule D inputs.
What's the North Dakota income tax rate on crypto gains?
North Dakota's top marginal income tax rate is 1.95%. 1.95% top marginal rate (reduced under 2023 reform; lowest graduated rate in the nation). Crypto gains are reported as ordinary income or capital gains depending on holding period; North Dakota generally follows the federal characterization. Count On Sheep produces the federal 8949 and Schedule D inputs your CPA needs to complete the North Dakota 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 North Dakota 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 North Dakota residents from Fargo, Bismarck, Grand Forks 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 North Dakota residents remotely.