GlobalStory

Crypto Trading on Your Tax Return: What a CPA Actually Reviews Before Filing If you traded Bitcoin, Ethereum, or altcoins last year, your return probably looks simple on the surface—and that is exactly where mistakes start. Crypto Trading — What a CPA Checks in Practice is less about guessing your gains and more about reconciling messy exchange data against rules that differ by country. I kept mixing up my cost basis across two wallets until a preparer walked me through what they actually verify before signing anything. Most clients arrive with the same question: will this cost me more in tax than it earned in profit? A CPA cannot answer that from memory. They compare your transaction history against capital gains rules, withholding records, and any losses you might offset. In Korea, that often means weighing Korea capital gains tax treatment for certain assets alongside ordinary income reporting for frequent traders. Elsewhere, the line between investor and dealer status changes ...