# ![@countonsheep Avatar](https://lunarcrush.com/gi/w:26/cr:twitter::1702428319839649792.png) @countonsheep CountOnSheep | Crypto Tax

CountOnSheep | Crypto Tax posts on X about crypto, crypto taxes, if you, bitcoin the most. They currently have [---] followers and [---] posts still getting attention that total [---] engagements in the last [--] hours.

### Engagements: [---] [#](/creator/twitter::1702428319839649792/interactions)
![Engagements Line Chart](https://lunarcrush.com/gi/w:600/cr:twitter::1702428319839649792/c:line/m:interactions.svg)

- [--] Week [---------] +801%
- [--] Month [---------] +1,518%
- [--] Months [---------] +2,332%
- [--] Year [---------] +429%

### Mentions: [--] [#](/creator/twitter::1702428319839649792/posts_active)
![Mentions Line Chart](https://lunarcrush.com/gi/w:600/cr:twitter::1702428319839649792/c:line/m:posts_active.svg)

- [--] Months [--] -41%
- [--] Year [---] -54%

### Followers: [---] [#](/creator/twitter::1702428319839649792/followers)
![Followers Line Chart](https://lunarcrush.com/gi/w:600/cr:twitter::1702428319839649792/c:line/m:followers.svg)

- [--] Week [---] +0.52%
- [--] Month [---] +3.20%
- [--] Months [---] +5.90%
- [--] Year [---] +51%

### CreatorRank: [---------] [#](/creator/twitter::1702428319839649792/influencer_rank)
![CreatorRank Line Chart](https://lunarcrush.com/gi/w:600/cr:twitter::1702428319839649792/c:line/m:influencer_rank.svg)

### Social Influence

**Social category influence**
[finance](/list/finance)  100% [cryptocurrencies](/list/cryptocurrencies)  20% [stocks](/list/stocks)  9% [technology brands](/list/technology-brands)  8% [exchanges](/list/exchanges)  7% [countries](/list/countries)  5% [social networks](/list/social-networks)  2% [celebrities](/list/celebrities)  1% [automotive brands](/list/automotive-brands)  1% [events](/list/events)  1%

**Social topic influence**
[crypto](/topic/crypto) 36%, [crypto taxes](/topic/crypto-taxes) #25, [if you](/topic/if-you) 17%, [bitcoin](/topic/bitcoin) 13%, [exchanges](/topic/exchanges) 11%, [money](/topic/money) 6%, [coinbase](/topic/coinbase) 6%, [capital gains](/topic/capital-gains) 5%, [all the](/topic/all-the) 4%, [how to](/topic/how-to) 3%

**Top accounts mentioned or mentioned by**
[@rachelonchain](/creator/undefined) [@crypt0senseii](/creator/undefined) [@lunarcrush](/creator/undefined) [@joevezz](/creator/undefined) [@brianarmstrong](/creator/undefined) [@cointracker](/creator/undefined) [@base](/creator/undefined) [@zerohedge](/creator/undefined) [@ethereumdenver](/creator/undefined) [@decentdao](/creator/undefined) [@easeprotocol](/creator/undefined) [@consensus2025](/creator/undefined) [@massadopsean](/creator/undefined) [@nftnyc](/creator/undefined) [@standwithcrypto](/creator/undefined) [@onchainmediaco](/creator/undefined) [@501cfilm3](/creator/undefined) [@mrcap1](/creator/undefined) [@512mace](/creator/undefined) [@msnfty](/creator/undefined)

**Top assets mentioned**
[Bitcoin (BTC)](/topic/bitcoin) [Coinbase Global Inc. (COIN)](/topic/coinbase) [XRP (XRP)](/topic/xrp) [Strategy (MSTR)](/topic/$mstr) [Mastercard, Inc. (MA)](/topic/$ma)
### Top Social Posts
Top posts by engagements in the last [--] hours

"You can be down on the year and still owe taxes if you realized gains earlier or your 1099-DA is missing cost basis. Losses only help if theyre realized and reported correctly"  
[X Link](https://x.com/countonsheep/status/2019886810529398928)  2026-02-06T21:31Z [---] followers, [--] engagements


"Crypto 1099-DA forms start going out by next week Feb [--] expect panic. Before you file anything save this and walk through it step-by-step: 1) Do not assume the [----] is correct. These forms only show what one exchange sees not your full activity. 2) Check for missing or $0 cost basis. This is how phantom gains get created and why people overpay. 3) Look for transfers marked as sales. Moving coins between your own wallets is NOT taxable but often reported that way. 4) Compare it to all wallets and exchanges. DeFi self-custody and cross-platform trades are usually excluded from the form. 5) Fix"  
[X Link](https://x.com/countonsheep/status/2020932230961561729)  2026-02-09T18:46Z [---] followers, 57.2K engagements


"RT @brian_armstrong: Tax season is here. Two things to know: - Theres a new tax form this year - Weve partnered with @CoinTracker to get"  
[X Link](https://x.com/countonsheep/status/2021655674229600674)  2026-02-11T18:40Z [---] followers, [--] engagements


"1099-DAs will be arriving any moment now Between today and Feb [--]. Make sure you are ready 👇 Crypto 1099-DA forms start going out by next week Feb [--] expect panic. Before you file anything save this and walk through it step-by-step: 1) Do not assume the [----] is correct. These forms only show what one exchange sees not your full activity. 2) Check for missing or Crypto 1099-DA forms start going out by next week Feb [--] expect panic. Before you file anything save this and walk through it step-by-step: 1) Do not assume the [----] is correct. These forms only show what one exchange sees not your"  
[X Link](https://x.com/countonsheep/status/2022070398813450572)  2026-02-12T22:08Z [---] followers, [---] engagements


"Getting a 1099-DA Give this video a watch: How to Fix Your Crypto Tax Cost Basis BEFORE the IRS Guesses for You https://t.co/mciaGLyVPN How to Fix Your Crypto Tax Cost Basis BEFORE the IRS Guesses for You https://t.co/mciaGLyVPN"  
[X Link](https://x.com/countonsheep/status/2022070638010343531)  2026-02-12T22:09Z [---] followers, [---] engagements


"Ok which one of you was this. But in all serious instead of physically attacking the IRS the better way to "beat them" is to ensure you are not overpaying on your crypto taxes"  
[X Link](https://x.com/countonsheep/status/1962954962843140585)  2025-09-02T19:05Z [---] followers, [--] engagements


"today is (still) a good day to onboard your friends and family to @base (And today is (still) a good day to have @countonsheep optimize your crypto taxes). today is (still) a good day to onboard your friends and family to @base today is (still) a good day to onboard your friends and family to @base"  
[X Link](https://x.com/countonsheep/status/1963307672515875154)  2025-09-03T18:26Z [---] followers, [--] engagements


"Crypto taxes dont care about your PnL screenshots. They care about transaction history cost basis and realized gains. If your records are a mess your tax bill will be too. We turn chaos into clean reports"  
[X Link](https://x.com/countonsheep/status/1965129817172721851)  2025-09-08T19:07Z [---] followers, [--] engagements


"Make sure you know exactly when you purchased your crypto assets. We have seen people sell coins for a gain that they have been holding for [--] months. If they would have just waited one more month they would have went from short term capital gains tax rate to long term"  
[X Link](https://x.com/countonsheep/status/1965164940949622964)  2025-09-08T21:26Z [---] followers, [--] engagements


"Crypto Taxes 101: [--] Things Every Crypto Trader Needs to Know (but most dont) 👇"  
[X Link](https://x.com/countonsheep/status/1965494982179275214)  2025-09-09T19:18Z [---] followers, [--] engagements


"Tax year-end sneaks up faster than you think. Dont wait until the last week to check your crypto taxes. Nows the time to: -Review gains & losses -Harvest losses if needed -Optimize your strategy Future you (and your wallet) will thank you"  
[X Link](https://x.com/countonsheep/status/1966204598231970157)  2025-09-11T18:18Z [---] followers, [--] engagements


"Crypto taxes dont care about your PFP. Whether youre a degen builder or HODLer the rules are the same: Swaps = taxable Staking = taxable Airdrops = taxable Your avatar may be anon but your taxes arent"  
[X Link](https://x.com/countonsheep/status/1966548371151491087)  2025-09-12T17:04Z [---] followers, [--] engagements


"You survived the bear market. You paid insane gas fees. You got rugged (probably more than once). Dont let the government be the final rug. Make sure you actually keep your gains not give them all away at tax time"  
[X Link](https://x.com/countonsheep/status/1967987659911073820)  2025-09-16T16:23Z [---] followers, [--] engagements


"The IRS doesnt care if you didnt know. Crypto taxes arent optional and ignorance isnt a defense. But heres the good news: with the right strategy you dont have to overpay. File smarter keep more"  
[X Link](https://x.com/countonsheep/status/1970908712765358560)  2025-09-24T17:50Z [---] followers, [--] engagements


"Exciting news: Tomorrow our CEO Nick Slettengren is going live with an absolute legend in the XRP community. The purpose of this stream is to talk about the coming changes from the IRS regarding form 1099-DA as well as how to save the most on your crypto taxes. Come tune in 🚨 Live on YouTube 3:30PM PST [--] Sep 🚨 From HODL to Sold: Selling $XRP & Saving Big on Taxes with @countonsheep 💸🐑 Learn how to sell smarter cut your tax bill and keep more profits. 📺 Watch here: https://t.co/URy3E26F6m 🚨 Live on YouTube 3:30PM PST [--] Sep 🚨 From HODL to Sold: Selling $XRP & Saving Big on Taxes with"  
[X Link](https://x.com/countonsheep/status/1970937779556319629)  2025-09-24T19:45Z [---] followers, [---] engagements


"Everyone on the timeline is upset about high taxes and rightfully so. It feels like you grind through bear markets finally see some gains and then give half of it to the government. But heres the truth most people miss 👇 just got my official tax numbers i genuinely dont understand how anyone gets rich without selling a company for [--] figures or moving to puerto rico this is actually insane im being scammed. congrats on all the profit and working so hard to make this money you now owe us FIFTY just got my official tax numbers i genuinely dont understand how anyone gets rich without selling a"  
[X Link](https://x.com/countonsheep/status/1973090227762897225)  2025-09-30T18:19Z [---] followers, [---] engagements


"Most peoples crypto taxes are just plain wrong. The problem isnt just the tax rate its bad reporting. Missed cost basis incomplete 1099s and ignored wallets = overpaying thousands"  
[X Link](https://x.com/countonsheep/status/1973090229360775237)  2025-09-30T18:19Z [---] followers, [--] engagements


"Heres why: Exchanges only show part of the story. If you moved coins off-platform traded on DEXs farmed yield or bridged chains their reports wont catch it. The IRS then assumes 100% of your proceeds are profit"  
[X Link](https://x.com/countonsheep/status/1973090230916858144)  2025-09-30T18:19Z [---] followers, [--] engagements


"The good news With the right records deductions and strategy your actual tax bill is often far lower than what a raw [----] suggests. Gas fees losses and staking costs all matter. Plus cost basis modeling makes a huge difference as well"  
[X Link](https://x.com/countonsheep/status/1973090234947559929)  2025-09-30T18:19Z [---] followers, [--] engagements


"So before you rage at the tax office make sure youre not handing them money they dont deserve. Crypto taxes are complicated but theyre not meant to wreck you. Done right you keep more of your gains"  
[X Link](https://x.com/countonsheep/status/1973090236658844117)  2025-09-30T18:19Z [---] followers, [--] engagements


"When DEX trades are routed through a centralized exchange interface it blurs the line between off-exchange and on-exchange trades. That means Coinbase might not report your full cost basis or even capture all internal token swaps liquidity moves or yield interactions. Suddenly youre missing data and the IRS assumes 100% profit"  
[X Link](https://x.com/countonsheep/status/1973481964461236688)  2025-10-01T20:15Z [---] followers, [--] engagements


"The fix Track every trade across wallets chains and DEXs not just what Coinbase reports. (Or better yet let a crypto tax pro reconcile it for you so you only pay what you actually owe.)"  
[X Link](https://x.com/countonsheep/status/1973481966570971335)  2025-10-01T20:15Z [---] followers, [--] engagements


"During a government shutdown IRS employees will continue working for the first five business days using Inflation Reduction Act funds to cover salaries. After that many operations may slow or employees could be furloughed unless new funding is approved"  
[X Link](https://x.com/countonsheep/status/1973491227745198561)  2025-10-01T20:52Z [---] followers, [---] engagements


"If you invest in any Bitcoin/ETH treasury companies like $MSTR this is very important: The IRS recently issued Notice 2025-49 as part of clarifying rules under the Corporate Alternative Minimum Tax. Here is what that actually means. 👇"  
[X Link](https://x.com/countonsheep/status/1973792435701760364)  2025-10-02T16:49Z [---] followers, [---] engagements


"Notice 2025-49 offers an election / optional relief: a CAMT entity may disregard fair value measurement adjustments for fair value items (including certain digital assets) if those items are not already marked to market for regular tax purposes. Put simply: companies can opt to exclude unrealized book gains/losses on digital assets which is reducing the risk of being taxed on paper profits"  
[X Link](https://x.com/countonsheep/status/1973792439765999777)  2025-10-02T16:49Z [---] followers, [--] engagements


"This relief is especially meaningful to large corporate holders of crypto (think MicroStrategy which holds massive Bitcoin reserves). Before this companies worried that CAMT would force them to pay tax on gains far in excess of any realized amounts. After the guidance Strategy and similar firms expect their unrealized gains wont push them into CAMT liability"  
[X Link](https://x.com/countonsheep/status/1973792441112383984)  2025-10-02T16:49Z [---] followers, [--] engagements


"Congrats everyone on the new Bitcoin all-time high"  
[X Link](https://x.com/countonsheep/status/1975216144450781440)  2025-10-06T15:06Z [---] followers, [--] engagements


"Another all time high for Bitcoin"  
[X Link](https://x.com/countonsheep/status/1975300351420211275)  2025-10-06T20:41Z [---] followers, [--] engagements


"Big news for Celsius Creditors 👇 🚨 Tether has settled with #CelsiusNetwork for $299M. BRIC has settled with Tether for $299M. After a 20% lawyers' fee assuming no discount the recovery will be $240M or 4.8% of total claims. As stated $200M was the minimum expected recovery suggesting the claims for 🚨 Tether has settled with #CelsiusNetwork for $299M. BRIC has settled with Tether for $299M. After a 20% lawyers' fee assuming no discount the recovery will be $240M or 4.8% of total claims. As stated $200M was the minimum expected recovery suggesting the claims for"  
[X Link](https://x.com/countonsheep/status/1978168248186089676)  2025-10-14T18:37Z [---] followers, [----] engagements


"At current prices Bitcoin is red for the first time in October since [----] We still have a few weeks left to change that"  
[X Link](https://x.com/countonsheep/status/1978551789885534335)  2025-10-15T20:01Z [---] followers, [--] engagements


"Elon getting back on the BTC wave 👀 @zerohedge True. That is why Bitcoin is based on energy: you can issue fake fiat currency and every government in history has done so but it is impossible to fake energy. @zerohedge True. That is why Bitcoin is based on energy: you can issue fake fiat currency and every government in history has done so but it is impossible to fake energy"  
[X Link](https://x.com/countonsheep/status/1978582657035358509)  2025-10-15T22:04Z [---] followers, [---] engagements


"Extension season is done. The countdown to year-end starts now. This is the window to fix what April exposed disorganized wallets missing cost basis and unrealized losses. You cant change the past but you can still shape your [----] tax bill"  
[X Link](https://x.com/countonsheep/status/1978965836304896457)  2025-10-16T23:26Z [---] followers, [--] engagements


"Yesterday Bitcoin ETF's purchased a total of [----] BTC. This marks the 5th day in a row of net inflows to the ETF products. Meanwhile Bitcoin price has been ranging. Do they know something 👀"  
[X Link](https://x.com/countonsheep/status/1808182933913849909)  2024-07-02T16:56Z [---] followers, [--] engagements


"Now that SAB121 has been repealed Banks can custody crypto. Today the FDIC plans to revise bank guidelines for crypto. This is logically the next step as insurance will be important for users holding crypto. Imagine a world where your bank account has a crypto wallet"  
[X Link](https://x.com/countonsheep/status/1887225491947725090)  2025-02-05T19:43Z [---] followers, [---] engagements


"Do not procrastinate your crypto taxes We are only taking a few more clients until the April 15th deadline If you would like an extension we can also help with that"  
[X Link](https://x.com/countonsheep/status/1890440161650983298)  2025-02-14T16:37Z [---] followers, [--] engagements


"@LunarCrush Need the asteroid CA"  
[X Link](https://x.com/countonsheep/status/1891948393322467349)  2025-02-18T20:30Z [---] followers, [--] engagements


"@RachelOnchain @EthereumDenver @decentdao Amazing Rachel"  
[X Link](https://x.com/countonsheep/status/1894056392727638303)  2025-02-24T16:06Z [---] followers, [--] engagements


"@EASEprotocol @consensus2025 @MassAdopSean Thanks for the feature We love helping people save money on their crypto taxes"  
[X Link](https://x.com/countonsheep/status/1935003746360254663)  2025-06-17T15:56Z [---] followers, [--] engagements


"Do we have any followers from Spain The Spanish tax deadline is coming up at the end of June. We are taking last minute clients from Spain please book asap if youd like to have your crypto taxes optimized"  
[X Link](https://x.com/countonsheep/status/1935383315659501930)  2025-06-18T17:05Z [---] followers, [--] engagements


"Most people overpay crypto taxes because of one simple mistake: They dont track their cost basis. If you bought ETH at $1200 and sold at $3000 congrats. But if you didnt log the buy the IRS thinks it was pure profit. Keep your receipts. Or let us do it for you"  
[X Link](https://x.com/countonsheep/status/1935743135252201785)  2025-06-19T16:55Z [---] followers, [---] engagements


"@RachelOnchain @NFT_NYC @standwithcrypto @OnchainMediaCo @501cfilm3 @mrcap1 @512mace @MS_NFTy We just filmed a video on how NFT's are taxed Perfect timing"  
[X Link](https://x.com/countonsheep/status/1937981160120062145)  2025-06-25T21:08Z [---] followers, [--] engagements


"Lots of tax talk on the timeline today. This is exactly why we started our company. In order to help people legally pay the least amount of tax possible on their crypto taxes. The majority of people are overpaying on their crypto taxes and don't even know it. just got my official tax numbers i genuinely dont understand how anyone gets rich without selling a company for [--] figures or moving to puerto rico this is actually insane im being scammed. congrats on all the profit and working so hard to make this money you now owe us FIFTY just got my official tax numbers i genuinely dont understand"  
[X Link](https://x.com/countonsheep/status/1972817608270618790)  2025-09-30T00:15Z [---] followers, [---] engagements


"The new Aerodrome DEX integration into Coinbase is amazing However with this integration things can get messy at tax time heres why:"  
[X Link](https://x.com/countonsheep/status/1973481962536112242)  2025-10-01T20:15Z [---] followers, [---] engagements


"@megbzk Wholesome"  
[X Link](https://x.com/countonsheep/status/1975696353423675863)  2025-10-07T22:54Z [---] followers, [--] engagements


"Gold down Bitcoin up. Is it finally our turn"  
[X Link](https://x.com/countonsheep/status/1980671723675742605)  2025-10-21T16:25Z [---] followers, [--] engagements


"@4iRillionaireKD Nope we do it all All we need all the wallet addresses CSV files or read only API connection to exchanges and we handle the rest and give you compelted forms as well as accurate cost basis of every coin you have ever owned"  
[X Link](https://x.com/countonsheep/status/1981477323947069495)  2025-10-23T21:46Z [---] followers, [--] engagements


"Finding the accurate cost basis is incredibly difficult for people especially when they have multiple wallets and exchanges. The entire point of our service is that we do all that work for you We are a full white glove service and will give you back your completed tax forms with all the correct cost basis and gain/loss for every coin you have ever owned. @countonsheep For those reconciling with your team CountOnSheep do they need to worry about fixing cost basis or No just leave it for the team to accurately adjust @countonsheep For those reconciling with your team CountOnSheep do they need"  
[X Link](https://x.com/countonsheep/status/1981478183913603488)  2025-10-23T21:49Z [---] followers, [---] engagements


"Tax strategy is risk management"  
[X Link](https://x.com/countonsheep/status/1982932616371462202)  2025-10-27T22:09Z [---] followers, [--] engagements


"Our latest YouTube video explains why you are most likely overpaying on your crypto taxes. https://youtu.be/bRarLX8w_08 https://youtu.be/bRarLX8w_08"  
[X Link](https://x.com/countonsheep/status/1983965371502883239)  2025-10-30T18:32Z [---] followers, [--] engagements


"Crypto taxes arent just a yearly thing. Theyre a strategy. Track your moves monthly not yearly and April becomes easy. Smart traders automate gains tracking the rest panic in tax season"  
[X Link](https://x.com/countonsheep/status/1984019349452288347)  2025-10-30T22:07Z [---] followers, [--] engagements


"When you receive staking rewards or mining income youre taxed as soon as you gain dominion and control over the coins the fair market value at that moment becomes ordinary income. Later when you sell those coins you face capital gains or losses based on that same value"  
[X Link](https://x.com/countonsheep/status/1985429806675316930)  2025-11-03T19:32Z [---] followers, [--] engagements


"Major news: Balancer was hacked & over $100M stolen. If you were a liquidity provider impacted heres the tax angle: You didnt just lose crypto you had a disposition event. In many jurisdictions you might not be able to claim a capital loss for theft or hack the way youd hope. What to do now: document everything (original cost basis timestamp of loss proof of hack) and get professional advice to see if you qualify for any relief in your country"  
[X Link](https://x.com/countonsheep/status/1985473534127456350)  2025-11-03T22:25Z [---] followers, [--] engagements


"The markets bleeding but smart traders see opportunity. When prices drop tax-loss harvesting becomes your secret weapon. Selling at a loss now can offset gains later"  
[X Link](https://x.com/countonsheep/status/1985819053651608026)  2025-11-04T21:18Z [---] followers, [--] engagements


"Your crypto is sitting in MetaMask. You havent sold it. So no taxes right Not so fast. If you swapped tokens or staked through DeFi you mightve triggered taxable events without realizing it. Dont assume track every move"  
[X Link](https://x.com/countonsheep/status/1986225901563224156)  2025-11-06T00:15Z [---] followers, [--] engagements


"Crypto isnt anonymous to the IRS anymore. Coinbase. Kraken. Gemini. Theyre all handing over your data. What you do now determines your tax bill. Lets get you prepped"  
[X Link](https://x.com/countonsheep/status/1986940743299256331)  2025-11-07T23:36Z [---] followers, [--] engagements


"@0xPolygon @Mastercard @Mercuryo_io Very cool congrats Polygon team"  
[X Link](https://x.com/countonsheep/status/1990820826325582061)  2025-11-18T16:34Z [---] followers, [--] engagements


"Crypto debit cards where you spend crypto may fee feel tax-free but they are not. Every swipe = a taxable disposal. If youre not spending stablecoins youre triggering gains/losses every time. Even coffee can come with a Form 8949"  
[X Link](https://x.com/countonsheep/status/1993065396954710414)  2025-11-24T21:13Z [---] followers, [--] engagements


"Bitcoin for America Act 🟧 A new bill in Congress would let Americans pay federal taxes in Bitcoin without triggering capital gains. Still just a proposal but a massive step toward true BTC adoption"  
[X Link](https://x.com/countonsheep/status/1993465091598303598)  2025-11-25T23:41Z [---] followers, [--] engagements


"Its called the Bitcoin for America Act a proposal to let taxpayers settle federal taxes directly in BTC. The key part: the payment wouldnt count as a taxable disposal meaning no capital-gains hit for using your Bitcoin. Not law yet but a big regulatory shift if it passes"  
[X Link](https://x.com/countonsheep/status/1993465093833867374)  2025-11-25T23:41Z [---] followers, [--] engagements


"Holding crypto long-term isnt just a strategy its a tax advantage. If you keep an asset for over a year your gains may qualify for long-term capital gains rates which are usually far lower than short-term rates. Sometimes the best tax move is simply waiting"  
[X Link](https://x.com/countonsheep/status/1993758779541012721)  2025-11-26T19:08Z [---] followers, [--] engagements


"The 1099-da could cost you big"  
[X Link](https://x.com/countonsheep/status/1994152529484014006)  2025-11-27T21:13Z [---] followers, [---] engagements


"My CPA couldnt handle my crypto"  
[X Link](https://x.com/countonsheep/status/1994877279135006915)  2025-11-29T21:13Z [---] followers, [--] engagements


"Your bitcoin rewards are taxable"  
[X Link](https://x.com/countonsheep/status/1996326844304396577)  2025-12-03T21:13Z [---] followers, [--] engagements


"4% back in bitcoin every day"  
[X Link](https://x.com/countonsheep/status/1997051664679739598)  2025-12-05T21:13Z [---] followers, [--] engagements


"It is more important than ever to file crypto taxes correctly: The IRS is planning to catch crypto tax non-filers in a more streamlined way starting the [----] tax year (next filing season) using 1099-DA Forms. Example: In Jan [----] you sold [--] BTC on Exchange A for 100K.Exchange A reports this to the IRS directly through Form 1099-DA. The IRS is planning to catch crypto tax non-filers in a more streamlined way starting the [----] tax year (next filing season) using 1099-DA Forms. Example: In Jan [----] you sold [--] BTC on Exchange A for 100K.Exchange A reports this to the IRS directly through Form"  
[X Link](https://x.com/countonsheep/status/1998254787775893664)  2025-12-09T04:54Z [---] followers, [--] engagements


"December is the month where unrealized crypto losses actually matter. If youre holding tokens that never recovered you can sell them before year-end to lock in a capital loss and reduce your [----] tax bill. Do it in January and the deduction disappears until next year"  
[X Link](https://x.com/countonsheep/status/1998408544761332054)  2025-12-09T15:05Z [---] followers, [--] engagements


"If you sold crypto at a profit earlier this year December is your last chance to balance the books. Realized gains can be offset with realized losses but only if the loss happens before December 31"  
[X Link](https://x.com/countonsheep/status/1998770177920598357)  2025-12-10T15:02Z [---] followers, [--] engagements


"If youre planning to donate crypto for a tax deduction doing it before December [--] matters. Donate appreciated crypto directly and you may deduct the full fair market value without ever paying capital gains"  
[X Link](https://x.com/countonsheep/status/1998803144512549030)  2025-12-10T17:13Z [---] followers, [--] engagements


"If you switched exchanges this year December is the time to download every single transaction history before platforms start purging old data. Missing CSVs are one of the biggest reasons crypto tax returns get delayed or misreported. Dont wait until tax season grab your records now while they still exist"  
[X Link](https://x.com/countonsheep/status/1999471743875113157)  2025-12-12T13:29Z [---] followers, [--] engagements


"If you plan to gift crypto to family or friends doing it before December [--] matters. Crypto gifts arent taxable to the giver but they do carry over your cost basis to the recipient. Clean documentation now prevents big tax surprises later especially if prices recover next year"  
[X Link](https://x.com/countonsheep/status/2000576501473820807)  2025-12-15T14:39Z [---] followers, [--] engagements


"Record buying coming in on Bitcoin last week 👀 Whales bought [-----] $BTC ($4.66b) over the past week the fastest accumulation pace since [----]. https://t.co/0LlGKLLycg Whales bought [-----] $BTC ($4.66b) over the past week the fastest accumulation pace since [----]. https://t.co/0LlGKLLycg"  
[X Link](https://x.com/countonsheep/status/2001054861140615456)  2025-12-16T22:20Z [---] followers, [--] engagements


"If you made estimated tax payments earlier this year December is the time to double-check them. Strong gains in Q1Q2 followed by a weak market can mean you overpaid. Losses realized before year-end can rebalance that and potentially reduce penalties or unlock refunds"  
[X Link](https://x.com/countonsheep/status/2001060989991838052)  2025-12-16T22:44Z [---] followers, [--] engagements


"Dont let crypto taxes turn you into the Grinch this December. Every swap reward and sale before Dec [--] still counts. Clean up your records now so tax season doesnt steal your profits later"  
[X Link](https://x.com/countonsheep/status/2003176661634994636)  2025-12-22T18:51Z [---] followers, [--] engagements


"December is the only month where doing nothing can cost you money. Unrealized crypto losses dont help your tax bill unless you act before Dec [--]. A few smart moves now can reduce what you owe next year"  
[X Link](https://x.com/countonsheep/status/2003199278223942038)  2025-12-22T20:21Z [---] followers, [--] engagements


"@Buttwiper10000 Crazy We see that all the time too"  
[X Link](https://x.com/countonsheep/status/2005727126595748210)  2025-12-29T19:46Z [---] followers, [--] engagements


"If you realized gains from gold or silver you can offset the tax liability by selling your alt coin losers before the end of the year"  
[X Link](https://x.com/countonsheep/status/2005729280098246679)  2025-12-29T19:54Z [---] followers, [--] engagements


"UK friends - pay attention and make sure to get your crypto taxes in order We serve many clients in the UK. JUST IN: UK officially begins crackdown on crypto tax evasion. JUST IN: UK officially begins crackdown on crypto tax evasion"  
[X Link](https://x.com/countonsheep/status/2006828633466482849)  2026-01-01T20:43Z [---] followers, [---] engagements


"January is when most crypto tax problems are created. New wallets new exchanges new strategiesand no tracking. If you dont set up good records now April will be expensive"  
[X Link](https://x.com/countonsheep/status/2007199132457615695)  2026-01-02T21:15Z [---] followers, [--] engagements


"This tax season is the big one where I didnt know really wont fly. More data sharing better reporting and cleaner blockchain analytics mean mistakes are easier to spot than ever. If you touched crypto last year accuracy matters now"  
[X Link](https://x.com/countonsheep/status/2008306103088804097)  2026-01-05T22:34Z [---] followers, [--] engagements


"PSA: If you sent crypto between your own wallets in [----] mark them as transfers in your records. Most tax software defaults these to taxable trades and will massively inflate what you owe. Moving $50K from Coinbase to your Ledger Not taxable. If you dont fix it the IRS thinks you sold $50K and will hit you with a phantom $10K+ tax bill. https://twitter.com/i/web/status/2009752098666361276 https://twitter.com/i/web/status/2009752098666361276"  
[X Link](https://x.com/countonsheep/status/2009752098666361276)  2026-01-09T22:20Z [---] followers, 56.7K engagements


"Staking rewards are taxed TWICE: Once when you receive them (ordinary income at fair market value) Again when you sell them (capital gains/losses) Example: Staked ETH earned [--] ETH reward worth $3K You owe tax on $3K immediately (even if locked) Later sell for $3500 = you owe tax on $500 gain too https://twitter.com/i/web/status/2010787856588161520 https://twitter.com/i/web/status/2010787856588161520"  
[X Link](https://x.com/countonsheep/status/2010787856588161520)  2026-01-12T18:55Z [---] followers, 16.1K engagements


"The IRS is about to see every dollar you made in crypto. But probably not what you paid for it. Here's what's happening: If you traded on custodial exchanges (Coinbase Kraken Gemini etc.) in [----] they're sending Form 1099-DA to the IRS. This form reports your GROSS PROCEEDS: the total dollar amount of every crypto sale you made. Sold $100K worth of ETH IRS sees $100K. Traded $50K of SOL for BTC IRS sees $50K. Now here's where it gets tricky: Exchanges are NOT required to report your cost basis for [----] transactions. Cost basis = what you originally paid for the crypto. When will your 1099-DA"  
[X Link](https://x.com/countonsheep/status/2010821893008625731)  2026-01-12T21:11Z [---] followers, 22.9K engagements


"Over [----] million cryptocurrencies have died since 2021"  
[X Link](https://x.com/countonsheep/status/2011472334046298436)  2026-01-14T16:15Z [---] followers, [--] engagements


"Yikes sorry to hear. For the [----] tax year (filed in 2027) most straightforward crypto wallet hacks or unauthorized drains still won't qualify for a federal theft loss deduction under current rules as the Tax Cuts and Jobs Act restrictions on personal casualty and theft losses were made permanent (or largely extended) by recent legislation like the One Big Beautiful Bill Act limiting them mainly to federally (or now some state) declared disasters which crypto thefts generally don't count as. Narrow exceptions might apply if it involved a profit-motivated scam (e.g. being tricked into"  
[X Link](https://x.com/countonsheep/status/2014399901036392909)  2026-01-22T18:08Z [---] followers, [---] engagements


"Yes finding your losses is incredibly important so you can use those against future gains (and even some income). We'll be able to calculate your exact loss and have all your accounts in order so that this year when you do have gains you'll be able to make educated decisions on selling those coins and understanding your taxable liability. We look forward to serving you. https://twitter.com/i/web/status/2015103770485731807 https://twitter.com/i/web/status/2015103770485731807"  
[X Link](https://x.com/countonsheep/status/2015103770485731807)  2026-01-24T16:45Z [---] followers, [--] engagements


"Summer Mersinger one of the CFTCs commissioners expressed dissent regarding the enforcement action advocating for clearer guidelines or rulemaking for DeFi protocols to comply with existing regulations"  
[X Link](https://x.com/countonsheep/status/1831416865706647786)  2024-09-04T19:39Z [---] followers, [--] engagements


"Despite the controversy Uniswap has discontinued trading on the specific leveraged tokens that led to the CFTC's action. These include the BTC2XFLI and ETH2XFLI leveraged tokens linked to Bitcoin and Ethereum"  
[X Link](https://x.com/countonsheep/status/1831416867036242177)  2024-09-04T19:39Z [---] followers, [---] engagements


"@RachelOnchain @LunarCrush @joevezz Nick photobomb"  
[X Link](https://x.com/countonsheep/status/1838257019255730273)  2024-09-23T16:40Z [---] followers, [--] engagements


"@joevezz Ask them if the need help with crypto taxes 😂"  
[X Link](https://x.com/countonsheep/status/1935783941627429346)  2025-06-19T19:37Z [---] followers, [--] engagements


"@latenightonbase Great episode. Thanks for having us Bill. And you're right losses carry forward and they can also be used against gains not just in crypto. For example if you sold your house took profit on gold or silver or sold stocks you're able to use crypto losses against those gains"  
[X Link](https://x.com/countonsheep/status/2018347682998440193)  2026-02-02T15:36Z [---] followers, [---] engagements


"Big news: Koinly just published our latest article written by our Head of Tax breaking down Form 1099-DA why most forms will be wrong and exactly how to fix them before you file"  
[X Link](https://x.com/countonsheep/status/2011854386079940788)  2026-01-15T17:33Z [---] followers, 31.5K engagements


"TLDR: 1099-DA forms hit in January/February [----]. Problem: exchanges don't track cost basis between platforms in [----]. If you moved crypto between exchanges before selling your form will likely show the wrong numbers. IRS expects this. They're using 1099-DA to catch non-reporters not chase down every discrepancy. Keep good records. Report accurately. Big news: Koinly just published our latest article written by our Head of Tax breaking down Form 1099-DA why most forms will be wrong and exactly how to fix them before you file. https://t.co/9fnR9axuSk Big news: Koinly just published our latest"  
[X Link](https://x.com/anyuser/status/2014384481633972331)  2026-01-22T17:07Z [---] followers, [---] engagements


"What is Count On Sheep and what is a crypto tax service"  
[X Link](https://x.com/countonsheep/status/2014463885978567012)  2026-01-22T22:23Z [---] followers, 84.7K engagements


"Weve partnered with @MasonVersluis to help him and his community with their crypto taxes Im seeing some repeat questions in the comments so let me clear things up: You maintain full control of your assets. We never get access to your exchanges wallets or private keys. Heres how it works: We onboard clients with their tax software of choice (we prefer @KoinlyOfficial). You upload your wallet addresses and read-only exchange transaction data directly to the software not to us. All information is secured by the tax softwares enterprise-grade security infrastructure. Were added as collaborators"  
[X Link](https://x.com/anyuser/status/2015103194435821633)  2026-01-24T16:43Z [---] followers, [---] engagements


"Great info 👇 Here's how the IRS will catch crypto tax evaders: They receive your 1099-DA directly from the exchange showing proceeds. When you file your return IRS systems check if the same amounts have been reported on your Form [----]. Big discrepancies = automated IRS notice. Here's how the IRS will catch crypto tax evaders: They receive your 1099-DA directly from the exchange showing proceeds. When you file your return IRS systems check if the same amounts have been reported on your Form [----]. Big discrepancies = automated IRS notice"  
[X Link](https://x.com/countonsheep/status/2016238617954550041)  2026-01-27T19:55Z [---] followers, [---] engagements


"Even if you lost money in crypto in [----] you could still get a big tax bill. Why Because Form 1099-DA often has missing or incorrect cost basis. When you move coins between exchanges it can be reported as a sale and the receiving exchange may assign a $0 cost basis. This results in incorrect documents showing gains that never happened. Thats why crypto taxes need to be reviewed and corrected either on your own or with a professional"  
[X Link](https://x.com/countonsheep/status/2016277851994259499)  2026-01-27T22:31Z [---] followers, [---] engagements


"This year it is more important than ever to be compliant. 🚨 The UK tax deadline is approaching fast. And with new CARF rules HMRC sees more of your crypto trades than ever. 👀 https://t.co/HpzmYP52YX 🚨 The UK tax deadline is approaching fast. And with new CARF rules HMRC sees more of your crypto trades than ever. 👀 https://t.co/HpzmYP52YX"  
[X Link](https://x.com/countonsheep/status/2016573880916463989)  2026-01-28T18:07Z [---] followers, [--] engagements


"The #1 reason crypto traders overpay on taxes: If you used multiple wallets or exchanges in [----] your cost basis is probably fragmented. Rebuilding a complete transaction history often lowers the bill without changing a single trade or tax strategy"  
[X Link](https://x.com/countonsheep/status/2016575852646191292)  2026-01-28T18:15Z [---] followers, [--] engagements


"If you had gains in assets like gold and losses in crypto last year those realized crypto losses can still offset those gains on your return. Good reporting can lower the bill without changing the past"  
[X Link](https://x.com/anyuser/status/2017361383957094405)  2026-01-30T22:16Z [---] followers, [--] engagements


"Exchanges have until Feb [--] to send crypto 1099DAs. Reminder: those forms are not your tax bill theyre raw data. Missing cost basis misreported transfers phantom gains. Blindly filing them is how people overpay"  
[X Link](https://x.com/anyuser/status/2018451491082903936)  2026-02-02T22:28Z [---] followers, [---] engagements

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