Crypto Taxes
“How should I report a crypto airdrop on my return?”
Crypto airdrops are often reported based on several practical details, including whether the tokens were actually received and under the taxpayer’s control, how the fair market value was determined at that time, and whether the airdrop was tied to a wallet, exchange, or project promotion. The reporting treatment can also depend on whether the tokens were later sold, exchanged, or held, since those later transactions may create additional tax reporting. Records of the date received, quantity, and value at receipt are typically important for matching the activity to the return. Working through the specifics with a CPA is the cleanest way to land on the right move.
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.
This page is a prompt to start a conversation, not tax or legal advice, and states no tax-law specifics as fact. A consult session does not by itself create an ongoing engagement. We do not promise specific outcomes or savings. Kohari Gonzalez Oneyear & Brown PLLC — Charlotte, NC.
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