Key Facts About Crypto Tax in Ohio
Ohio's top rate is 3.5% (stepping down) plus city income taxes (Columbus, Cleveland, Cincinnati). Combined burden is moderate, but city-tax residency rules add complication for crypto investors moving within the state.
- Ohio taxes crypto gains as ordinary income up to 3.5% (stepping down).
- Ohio uses rolling IRC conformity.
- Major Ohio cities impose income taxes that piggyback on local sourcing rules.
- City-tax residency rules complicate sourcing for residents moving within the state.
- Count On Sheep produces CPA-ready 8949 and Schedule D inputs, your CPA files.
Phone: (858) 434-7547
From Columbus to every metro in Ohio
Ohio crypto investors in Columbus, Cleveland, Cincinnati, Toledo and surrounding metros, served remotely from anywhere in the state.
Ohio crypto investors in Columbus, Cleveland, Cincinnati, Toledo, and Akron face a moderate state rate plus city income taxes in major metros. The federal crypto tax work, wallets, exchanges, DeFi, is the same as anywhere else. We rebuild the ledger and hand off CPA-ready 8949, Schedule D, and Schedule 1 inputs. Count On Sheep is your crypto tax professional in Ohio. Your CPA stays your CPA. We do the crypto work, they complete 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 Ohio 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 Ohio treats crypto for tax
Federal Crypto Tax Treatment (applies in Ohio)
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 Ohio crypto investors
Four steps, start to finish
From anywhere in Ohio.
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, Ohio edition
How do Ohio city income taxes affect crypto tax work?
City taxes generally apply to compensation, not investment gains, but rules and definitions vary by city. the crypto tax work is federal; your CPA handles the local layer. as crypto tax professionals, we rebuild the on-chain ledger so the federal numbers are airtight.
What's the Ohio income tax rate on crypto gains?
Ohio's top marginal income tax rate is 3.5%. 3.5% flat rate on income over $26,050 (effective 2024; no tax on first $26,050); some cities add local income tax. Crypto gains are reported as ordinary income or capital gains depending on holding period; Ohio generally follows the federal characterization. Count On Sheep produces the federal 8949 and Schedule D inputs your CPA needs to complete the Ohio 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 Ohio 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 Ohio residents from Columbus, Cleveland, Cincinnati 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 Ohio residents remotely.