IRS Form 8949 & TurboTax Ready
Cryptocurrency Capital Gains & Tax Report
Calculates short-term vs long-term capital gains, cost basis, and deductible trading losses.
Net Taxable Gains
+$34,300.50
Net of Allowed Losses
Short-Term Capital Gains
+$29,150.00
Held < 365 Days
Long-Term Capital Gains
+$9,270.50
Held > 1 Year (Lower Tax Tier)
Realized Trading Losses
-$4,120.00
Offset against gains
Monthly Capital Gains Realization (2026 YTD)
+$34,300.50 Net
Accounting Inventory Method:
Cost Basis Currency: USD ($)
Disposals & Capital Gain Events
IRS Form 8949 Line Items: Sales, DEX Swaps, and Crypto Payments
| Asset / Description | Date Acquired | Date Sold / Disposed | Proceeds (Sales Price) | Cost Basis | Gain or (Loss) | Holding Term |
|---|---|---|---|---|---|---|
0.500 BTC
|
Jan 12, 2026 | Oct 08, 2026 | $34,210.25 | $21,400.00 | +$12,810.25 | Short-Term |
5.000 ETH
|
Sep 15, 2024 | Oct 05, 2026 | $17,710.00 | $8,439.50 | +$9,270.50 | Long-Term |
10,000 XRP
|
Mar 04, 2026 | Oct 01, 2026 | $5,480.00 | $6,850.00 | -$1,370.00 | Short-Term |