Crypto in Your Tax Return: Where Gains, Losses and Staking Go

Crypto belongs in your tax return as soon as you have sold, swapped or spent it within twelve months and your gain is above 1,000 euros. Staking and lending income has to be declared as well. Anyone who held for more than a year before selling enters nothing at all. Losses are worth declaring in every case, because otherwise they are gone. The rest of this article answers the question most people get stuck on: exactly where each transaction belongs. When you have to declare crypto and when you do not The obligation attaches to the transaction, not to the account. These four cases trigger a filing duty: A sale within twelve months with a total gain above 1,000 euros across all private disposal transactions of the year. A swap of one cryptocurrency for another inside that window, even when no euro changed hands. Staking, lending or mining income above the annual exemption threshold of 256 euros. Losses, if you want to offset them against future gains. Nothing has to be declared for a purchase, for simply holding, for transfers between your own wallets, or for sales after a holding period of more than twelve months. These transactions are not relevant for tax, and the tax office expec...