Laura and Joe – The Step-by-Step Guide to Doing Your Own Crypto Taxes
A comprehensive course that teaches you how to file your crypto taxes with confidence
Hi there! My name is Laura and I am a CPA who has specialized solely in cryptocurrency taxation since 2017. I am the owner of Crypto Tax Girl, one of the world’s most reputable crypto tax firms, and I have helped thousands of people with their crypto taxes. If you’ve reached out to me in the past, you know that I’m usually pretty booked out (and I’m not cheap), which is why I created this course!
My team and I have seen it all when it comes to crypto, and we know how frustrating of a process it can be to calculate your crypto taxes on your own. We know what the pain points are, and we know a ton of tips and tricks to make the process go smoothly. In this course, my colleague Joe and I share our entire process from beginning to end (the same process we use for all of our clients!), and we preemptively go over all of the issues that you might encounter along the way. We have over 50 easy-to-follow videos showing you how to import your data, clean it up, and pull your final tax reports.
After completing this course, you will be able to confidently file your tax return, you will have new tax skills that you can use to help make smarter decisions, and you will have a reliable set of data that you can rely on in case of an audit. Whether you’re new to crypto, or have thousands and thousands of transactions, this course is for you!
What You’ll Learn In The Step-by-Step Guide to Doing Your Own Crypto Taxes
- How to use Cointracking (our recommended crypto tax software)
- How to pull your data using APIs, CSVs, and the blockchain
- How to manually enter your data
- What to do if you’re missing data
- How to identify holes in your data and how to clean it up (the most important part!!)
- How to treat node, mining, and staking income
- How to enter NFT purchases (on the major NFT blockchains)
- How to treat gifts, airdrops, and spends
- How to deal with scams, lost coins, and bankrupt exchanges
- How to treat margin trades and liquidity pool transactions
- How to audit your data and confirm that everything was treated and entered correctly
- The different accounting methods you can use (FIFO, LIFO, OPTI, specific identification, etc.)
- How to pull a tax report
- How to fill out the tax forms that your CPA will need
- How to enter your gains, losses, and income in TurboTax