18 Mar 2026
How to Use Your 1099-DA to Fill Out Form 8949
Learn exactly how to transfer information from your crypto 1099-DA to IRS Form 8949. Step-by-step instructions for accurate tax filing.
7 Min readRead full article
Guides
1
Oct
2025
Crypto Tax Guide USA
This guide contains everything you need to know about how to calculate your crypto taxes for the 2024 tax year. It includes crypto tax brackets, crypto capital gains tax, how to report losses, and includes legal ways to lower your bill. Plus how to prepare yourself for some big changes to crypto taxes in 2025.
Nick Waytula
15 Jan 2026
What is Form 1099-DA?
The 1099-DA is a new form for crypto taxes issued by exchanges. It's critical you check your 1099-DA ASAP, or else you may overpay on your taxes.
13 Min readRead full article
14 Jan 2026
What to Do If You Receive a 1099-DA
You need to review the information on your 1099-DA before you use it to calculate your taxes and fill out your Form 8949 – or else you risk overpaying.
7 Min readRead full article
19 Dec 2025
The best crypto tax software in the USA
Filing crypto taxes doesn’t have to be stressful – especially if you’re using the right tools. Compare crypto tax software on supported exchanges, DeFi, price and IRS forms.
4 Min readRead full article
10 Oct 2025
Is swapping crypto taxable? IRS rules for 2025
Swapping one crypto for another is a taxable event, and you will need to work out the USD value of your capital gain or loss to report on your taxes.
8 Min readRead full article
10 Oct 2025
Liquidity Pools and LP tokens – How to calculate your taxes
A guide to liquidity pools, LP tokens and how to report them on your taxes.
8 Min readRead full article
1 Oct 2025
Crypto Tax Guide USA
This guide contains everything you need to know about how to calculate your crypto taxes for the 2026 tax year. Tax brackets, crypto capital gains tax, reporting losses, and legal ways to lower your crypto tax.
35 Min readRead full article
1 Oct 2025
DeFi Taxes in the US: Your Complete Guide for 2025
The complete guide to understanding and filing your DeFi taxes in the US.
29 Min readRead full article
28 Aug 2025
1099-DA FAQs: What you need to know before filing in 2026
We answer investors' questions about the new 1099-DA form to ensure you have all the information you need to file your crypto taxes accurately with the IRS.
11 Min readRead full article
24 Jul 2025
What to do if you receive IRS Letters 6174, 6174-A, 6173, or CP2000
IRS Letters 6174, 6174-A, 6173, and CP2000 look scary at first, but there’s no need to panic – here's how to respond to each.
7 Min readRead full article
15 Apr 2025
How to calculate your crypto capital gains tax
Learn how to calculate crypto capital gains tax in the U.S. with this step-by-step guide. Understand FIFO, LIFO, HIFO, and Specific ID methods to reduce your tax bill.
10 Min readRead full article
12 Apr 2025
Can The IRS Track Bitcoin? Yes, here’s how
The IRS has tools to track crypto activity, especially for a big player like Bitcoin. Here’s how the IRS knows about your Bitcoin holdings.
3 Min readRead full article
11 Apr 2025
Bitcoin Capital Gains Tax
Learn how Bitcoin is taxed in the U.S., the difference between short and long-term capital gains, and how timing your sale can cut your crypto tax bill.
12 Min readRead full article
11 Apr 2025
Bitcoin Taxes in the USA: The Complete 2025 Guide
Bitcoin is taxed as either capital gains or income tax depending on the transaction. Learn how to do your Bitcoin taxes with this guide.
14 Min readRead full article
11 Apr 2025
How to report Bitcoin on your taxes
This guide provides a step-by-step approach to help you navigate the reporting process for the current tax year.
4 Min readRead full article
5 Apr 2025
How To Report Crypto On Schedule D (form 1040)
A step-by-step guide showing you how to fill out crypto on IRS Form Schedule D (form 1040).
6 Min readRead full article
5 Apr 2025
How To Report Crypto On Form 8949
In this guide we’ll run through everything you need to know about Form 8949 and how to fill it out.
7 Min readRead full article
3 Apr 2025
How to report crypto on your taxes in 2025
Report your crypto taxes to the IRS with this step-by-step guide that includes important tips and ways to reduce your tax bill.
14 Min readRead full article
21 Mar 2025
Are Crypto Losses Tax Deductible?
Learn how to deduct cryptocurrency losses to offset capital gains and reduce taxable income. Plus, what to do if you’re the victim of scams or theft
9 Min readRead full article
19 Mar 2025
Can Crypto Losses Offset Stock Gains?
Capital losses from stocks, crypto and other investments can be used to offset gains and help you lower your tax bill. Here's what you need to know.
4 Min readRead full article
11 Mar 2025
How To Report Your Coinbase Taxes in the USA
The easiest way to calculate your Coinbase taxes is to use a crypto tax software like Summ, an official Coinbase tax partner.
10 Min readRead full article
6 Mar 2025
Crypto Tax Guides 2025
A list of crypto tax guides for various countries around the world.
1 Min readRead full article
28 Feb 2025
How to calculate tax on ETH gas fees
At the time of writing gas price is 180 Wei and to do a trade on Uniswap cost around $100 in ETH. This is a significant…
9 Min readRead full article
21 Feb 2025
How to do your MetaMask taxes in 2025
A step-by-step walkthrough of everything you need to know about calculating your MetaMask crypto tax.
6 Min readRead full article
10 Feb 2025
How to submit your cryptocurrency report using TurboTax
This guide shows you two methods for uploading your crypto tax information to TurboTax. Updated for 2025.
5 Min readRead full article
10 Jan 2025
What a CP2000 notice for crypto means and how to respond
If you’ve received a CP2000 notice for crypto, you need to take immediate action. This guide explains what a CP2000 notice means for crypto investors, how to respond, and steps to avoid future issues.
5 Min readRead full article
5 Jan 2024
NFT Taxes in the US - Complete Guide 2025
What are NFTs? Non-fungible tokens (NFTs) are unique digital assets representing ownership or proof of authenticity of a…
13 Min readRead full article
19 May 2023
Inventory Methods for Cryptocurrency
Our senior tax advisor discusses the accounting methods - Last In, First Out, First In First Out and others, which can be applied for cryptocurrency transactions, and the ATO tax guidelines for traders and investors.
2 Min readRead full article
19 May 2023
How to use this calculator
Summ is one of the simplest tax calculators on the market but the tax process is complicated no matter where you live. This guide breaks down the step by step process for getting your crypto taxes calculated as quickly as possible.
5 Min readRead full article
14 Mar 2023
Rebase Tokens
A guide to the implications of rebase tokens such as OHM and TIME.
3 Min readRead full article
11 Jan 2022
Carrying on a Business of Trading Cryptocurrency
Our senior tax advisor discusses the tax implications of trading cryptocurrency as a business in Australia, and the ATO guidelines around distinguishing between a trader or investor for crypto tax.
5 Min readRead full article
31 Aug 2021
TaxScouts Crypto Tax Return
Summ is proud to support TaxScouts, a fast and effortless tax preparation tool in the United Kingdom. You can easily prepare a self-assessment tax return, and have it sorted by a certified accountant online. Follow these steps to get your
2 Min readRead full article