Crypto Taxes
“When I swap crypto tokens, how is that taxed for me?”
Crypto token swaps are often treated as taxable events, so the tax result can depend on what was exchanged, the fair market value at the time, and whether the transaction was a swap, sale, or another kind of disposition. The reporting can also vary based on how long the asset was held, whether any fees were involved, and whether the tokens were used in a business, investment, or personal context. Recordkeeping matters because the basis and transaction dates usually drive the gain or loss calculation, and different exchanges or wallets may report the activity in different ways. 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.
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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