Crypto Taxes

“How do I report crypto buys and sells from Kraken on my tax return?”

CommonDeep Dive · 60 min · $170

Crypto buys and sells on Kraken are often reported based on the transaction history, the type of activity involved, and how the assets were moved between wallets or accounts. The tax result can depend on whether the transactions were simple purchases, sales for cash, or swaps between different digital assets, as well as whether cost basis records are complete. In many cases, the exchange’s forms and exported statements are only part of the picture, since transfers, fees, and prior holdings can affect the reported gain or loss. Recordkeeping details and the timing of each trade usually shape how the return is prepared. A targeted review with a CPA can turn the uncertainty into a clear next step.

In your 60-minute session, the KGOB advisor handling it will:

Read your exact situation and tell you, in plain English, what’s actually going on.
Lay out your options and the trade-offs — no jargon, no judgment.
Give you a clear next step you can act on, whether that’s with us or on your own.