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10 Top Countries for Crypto Investors: ZERO Crypto TaxYes, crypto profits are treated much like gains on capital assets and are thus taxable. Remember that you are responsible for paying taxes on your crypto gains. This way, you'll be able to easily find the necessary information to report your taxes. Report your crypto disposals on Form You should also include the. To report crypto losses on taxes, US taxpayers should use Form 89Schedule D. Every sale of cryptocurrency during a given tax year.