Crypto Tax Guide USA 2025
This guide contains everything you need to know about how to calculate your crypto taxes for the 2024 tax year. It includes crypto tax brackets, crypto capital gains tax, how to report losses, and includes legal ways to lower your bill. Plus how to prepare yourself for some big changes to crypto taxes in 2025.
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Making better crypto decisions in a market built for noise
A guest post from Collective Shift. Crypto investors have never had access to more information, but much of it is built to win attention rather than inform. What useful research should actually provide, and how to pressure-test what you already own.
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If You Pay for Something With USDC, Is It a Taxable Event?
Using USDC to pay for something feels like spending cash, but in most jurisdictions it's a taxable disposal. Here's when spending USDC triggers tax, and why your cost-basis records still matter.
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Do You Pay Taxes When You Transfer USDC Between Wallets?
Moving USDC between your own wallets usually isn't a taxable event, but swaps, spending and lost records can be. Here is when USDC transfers trigger tax, and why your cost-base records still matter.
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Tax Clarity for the Way You Actually use Crypto
We're excited to announce a partnership with XPlace, Solana's first true crypto credit card.
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Do You Pay Crypto Taxes When You Buy TRX? What Every Investor Should Know
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The Crypto Neobank You Need Isn't What You Think
Most crypto neobanks are custodied fintech in disguise. Here's what a real Bitcoin onchain neobank looks like, and why the difference matters to your tax position.
Product Update: Kalshi, MegaETH, CoinRabbit, Bittensor, and WhiteBIT support now live
Summ now supports Kalshi, MegaETH, CoinRabbit, and WhiteBIT. Import your prediction market trades, Layer 2 transactions, lending activity, and exchange data for complete tax reporting.
Buy, Borrow, Die Strategy Explained: A Tax-Efficient Way to Use Capital
The Buy, Borrow, Die approach has long been used in traditional finance to preserve wealth, optimize taxes, and maintain exposure to appreciating assets. With the rise of crypto-backed lending, the same framework has become increasingly relevant for digital asset holders, making it accessible far beyond institutional circles.
Product Update: Polymarket and Monad support now live
Summ now supports Polymarket and Monad. Import your betting and transaction data via wallet address or CSV for complete tax reporting.
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