Bitcoin

Forum|Forum|21 days ago
July 15, 2026
1 reply
57 views

Can you provide me a list of taxable events in relation to bitcoin. Thank you

Cindy4 12

Employee Tax Expert

Taxable events are either capital or ordinary.

Anytime you sell, trade, spend (because it is treated as a sale), or use Bitcoin to pay network transfer fees, it is a taxable event for capital gains or losses. This is calculated using your cost basis, which is what you paid for it plus any transaction fees, and the Fair Market Value - FMV - at the moment of disposal.

If you get paid in crypto as an employee or independent contractor, mine it, receive airdrops, hard forks (followed by an airdrop), or staking rewards or awards, it’s treated as ordinary income and taxable at your ordinary income tax rate for your tax bracket. You report the FMV at the time you took control of it.

Purchasing, holding, and transferring between your own accounts is not taxable.

Here is a great guide that goes into detail.

Crypto Tax Calculator

Hope this helps!

Cindy

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