Joined January 2018
- Tweets 8,775
- Following 442
- Followers 60,568
- Likes 10,888
1,534 Photos and videos
May 28
If you paid IRS penalties from 2020 to 2023, you may be owed a refund.
Two court rulings suggest penalties on tax obligations from Jan 20, 2020 through Jul 10, 2023 may have been improper. Crypto investors were hit hard: big 2021 gains, 2022 market chaos, and complex DeFi activity drove a lot of late filings and underpayments.
Deadline to file most claims: July 10, 2026.
What to do:
-> Pull IRS transcripts for 2019-2022
-> Look for assessed penalties and interest
-> File Form 843 (or a protective claim to preserve your rights)
Full breakdown FAQ πcointracker.io/blog/covid-irβ¦
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May 27
Airdrop tax 101:
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Income at FMV once you have "dominion and control"
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Your cost basis going forward = that FMV
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If worthless at receipt, value is $0 (full gain is realized at sale)
β Ignoring it because it was "free" is not a strategy
The IRS sees what's onchain.
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May 19
Staking rewards, in plain English:
β Rewards are income the moment you receive them (IRS Rev. Rul. 2023-14)
β Income = FMV at time of receipt
β When you later sell those rewards, you have a separate capital gain/loss
β Two taxable events, not one
This is why staking-heavy portfolios need timestamp-level tracking.
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May 15
Quarterly tax heads-up. β
Q2 estimated taxes due Monday, June 15.
If you had significant realized gains in Q1βQ2 (crypto or otherwise), you likely owe.
Underpayment penalties are small but annoying. A 10-minute estimate beats an April surprise.
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May 1
Weekend reading: Your portfolio tracking app.
Open CoinTracker. Check for anything you've forgotten about. A wallet you used once? A staking position you haven't checked? An NFT gathering dust?
Tag, label, or unstake. 15 minutes now saves hours later.
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Apr 25
Myth: Moving crypto between your own wallets is a taxable event.
Reality: It's not. But if your tracker doesn't know the wallets belong to you, it looks like a sale on one side and a purchase on the other.
Label your wallets. Future you is begging.
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CoinTracker retweeted
CoinTracker Enterprise is partnering with @tempo
For finance teams running stablecoin payment flows, this is the accounting infrastructure you've been missing. β
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Apr 15
Itβs Tax Day.
New forms. New rules. Some 1099-DA confusion. But you made it through.
If you still need to file, today is your final day, and CoinTracker will help you get it done clearly and correctly.
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Apr 13
A tax extension gives you an extra 6 months to file your return (new deadline: October 15).
How to file: Submit IRS Form 4868 online. It's free and takes minutes.
Then use CoinTracker to pull together your complete crypto tax report before the new deadline.
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Apr 14
If youβve been putting off your crypto taxes, nowβs the time.
β Connect your wallets.
β Review your transactions.
β Generate your forms.
With CoinTracker, clarity is only a few clicks away.
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CoinTracker retweeted
Apr 13
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Apr 13
A tax extension gives you an extra 6 months to file your return (new deadline: October 15).
How to file: Submit IRS Form 4868 online. It's free and takes minutes.
Then use CoinTracker to pull together your complete crypto tax report before the new deadline.
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CoinTracker retweeted
Apr 13
taxes are due in TWO DAYS
if you have crypto transactions, you can always use @CoinTracker to help you do everything correctly! use code βbillym2kβ and my link for 20% off
Cointracker.sjv.io/billym2k
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Apr 11
Support for @Starknet is now live on CoinTracker.
As zk-rollups scale Ethereum, your tracking and tax workflows should scale with it.
Track wallets, transactions, and cost basis today. DeFi classification support coming soon.
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Apr 10
This is your final weekend to get crypto taxes done.
CoinTracker gets you from zero to completed report in no time.
β Connect your wallets & exchanges
β Auto-import your transactions
β Generate your tax report
Check this off your list now.
cointracker.io/
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