The Dictionary
Explore 1,139+ clear, technical, and objective definitions defining the decentralized future.
Recently Defined
Tax Lot
A tax lot is a group or unit of assets with its own acquisition date, quantity, and tax basis.
Wash Sale Rule
A wash sale rule limits or defers recognition of certain losses when substantially similar assets are repurchased within a specified period.
Tax-Loss Harvesting
Tax-loss harvesting is the deliberate realization of investment losses to offset taxable gains, subject to local tax rules.
Crypto-to-Crypto Trade
A crypto-to-crypto trade exchanges one digital asset for another and may create a tax consequence even when no fiat currency is received.
Staking Income
Staking income is value received from staking-related rewards that may be treated as taxable income under applicable rules.
Mining Income
Mining income is value received from crypto mining that may be taxable when received and may create a separate basis for later disposal.
Airdrop Income
Airdrop income is the value of tokens received through an airdrop when local tax rules treat the receipt as taxable income.
Hard Fork Income
Hard fork income is value associated with newly received assets after a blockchain fork when tax rules treat the receipt as income.
DeFi Income
DeFi income is a broad tax term for rewards, interest-like returns, fees, or incentives generated through decentralized-finance activity.
NFT Taxation
NFT taxation covers the tax treatment of creating, buying, selling, receiving, or using non-fungible tokens.
Gift Tax
Gift tax is a tax or reporting regime that can apply when property, including crypto assets, is transferred as a gift.
Inheritance Tax
Inheritance tax is a tax regime that can apply to assets transferred after a person's death, depending on jurisdiction.
Crypto Donation
A crypto donation is a transfer of digital assets to a charitable or other recipient that may have tax consequences for the donor and recipient.
Tax Recordkeeping
Tax recordkeeping is the maintenance of transaction, valuation, basis, income, and supporting records needed to prepare or substantiate tax filings.
Tax Reporting
Tax reporting is the process of declaring taxable crypto income, gains, losses, holdings, or transactions to the relevant authority.
Information Return
An information return is a form filed with a tax authority to report payments, transactions, account activity, or other reportable information.
Digital Asset Information Reporting
Digital asset information reporting refers to tax-information reporting obligations imposed on certain brokers, platforms, or service providers.
Form 8949
Form 8949 is a U.S. tax form used to report sales and other dispositions of capital assets, including many digital-asset transactions.
Schedule D
Schedule D is a U.S. tax schedule used to summarize capital gains and losses reported from forms such as Form 8949.
Tax Residency
Tax residency is the jurisdictional status used to determine where a person or entity may owe tax or reporting obligations.