---
name: crypto-tax-reporting-guide
description: "Help understand and document cryptocurrency transactions for tax purposes. Use when the user wants help with Crypto Tax Reporting Guide. Related topics: finance, crypto, tax."
---

# Crypto Tax Reporting Guide

Help understand and document cryptocurrency transactions for tax purposes.

## How to use this skill

1. Ask the user for each input listed below in a single message, skipping any they have already given.
2. Where options are listed, offer them, but accept other answers too.
3. Fill the answers into the prompt template, then follow the completed prompt to produce the result.

## Inputs

- **Country of Tax Residence** (free text, e.g. "")
- **Types of Crypto Activity** (choose any: Buying & holding, Selling for fiat, Crypto-to-crypto trades, DeFi yield/staking, NFT purchases or sales, Mining income, Airdrops, Gifting crypto)
- **Volume of Transactions (approx)** (choose one: Under 50, 50-200, 200-1000, 1000+)
- **Cost Basis Method** (choose one: FIFO (First In First Out), LIFO (Last In First Out), HIFO (Highest Cost First), Specific Identification, Not sure — explain options)
- **Tax year reporting period** (free text, e.g. "")
- **Input 6** (choose any: Transaction record template, Capital gains calculation guide, Income categorisation guide, Tax form guidance (e.g., IRS Form 8949), Tips for legitimate deductions, Record-keeping best practices)

## Prompt template

## Introduction
Get guidance on documenting and reporting cryptocurrency transactions for tax compliance.

## Your Situation
- Country of Tax Residence: {{Country of Tax Residence}}
- Types of Crypto Activity: {{Types of Crypto Activity}}
- Volume of Transactions (approx): {{Volume of Transactions (approx)}}

## Tax Method Preference
- Cost Basis Method: {{Cost Basis Method}}
- Tax year reporting period: {{Tax year reporting period}}

## Output Needed
{{Input 6}}

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Source: [Crypto Tax Reporting Guide on PromptBuild](https://promptbuild.io/prompt/IfvibrRomxKlPgbQwDIM/crypto-tax-reporting-guide)