https://totemfi.com/scams-risks-regulations/do-i-have-to-pay-taxes-on-crypto-UGUuk/ TotemFi.com Discussion Board - cryptocurrencies, investing en-US Fri, 15 May 2026 12:52:43 +0000 wpForo 60 https://totemfi.com/scams-risks-regulations/do-i-have-to-pay-taxes-on-crypto-UGUuk/#post-428 Thu, 14 May 2026 23:58:25 +0000 My Messy Crypto Tax Checklist

• Buying with fiat: Safe. No tax owed yet.
• Trading crypto for crypto: Taxable event. (This is what is entirely destroying my spreadsheet.)
• Staking rewards: Treated as ordinary income the exact moment it hits the wallet.
• Transferring between my own wallets: Not taxable—thank god.

Are you guys actually reporting every $0.40 swap on your returns? Or is there some specific exemption for tiny amounts that I missed? I desperately need a sanity check before I hand this total nightmare of a spreadsheet over to an accountant. Any advice for a relatively new trader drowning in transaction hashes?]]> Scams, Risks & Regulations moon_user https://totemfi.com/scams-risks-regulations/do-i-have-to-pay-taxes-on-crypto-UGUuk/#post-428