EconomyBitcoin self-custody creates a massive cost-basis blind spot on 2026 crypto tax forms
For the 2026 US reporting year, moving Bitcoin from an exchange to a personally owned wallet and back can leave the asset noncovered for mandatory cost-basis reporting when sold. Brokers may still report proceeds, but basis reporting can be voluntary. The transfer itself is generally nontaxable, while investors must retain records to calculate gains.
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CryptoSlate★★☆☆☆2026-09-15 08:40Original
Bitcoin self-custody creates a massive cost-basis blind spot on 2026 crypto tax forms
Economy