Unchained Why 2025 Crypto Taxes Will Be Trickier Than Normal: What You Need to Know
25 snips
Jan 29, 2026 
Laura Walter, Founder and CPA of CryptoTaxGirl, explains why 2025 will complicate crypto taxes. She breaks down the new 1099-DA, wallet-by-wallet accounting, cost-basis allocation, and safe-harbor timing. Short tips on labeling wallets, choosing accounting methods, and when heavy DeFi or staking users should seek expert help.
AI Snips
Chapters
Transcript
Episode notes
Stablecoins Still Reported As Property
- Treat stablecoins as property today and report trades, though they normally produce no gain.
- Expect proposals to exempt small stablecoin activity from reporting in future legislation.
Prediction Markets Create Dual Tax Events
- Prediction-market activity creates two taxable events: the deposit (a spend) and gambling-style wins/losses.
- Gambling losses are deductible only if you itemize, and new rules may cap deductions.
DATs/ETFs Follow Brokerage Rules
- Treat DATs and crypto ETFs like securities: report via 1099-B and expect wash-sale rules to apply.
- Do not loss-harvest and immediately repurchase ETFs if you want to preserve the loss; wait 30 days.