HolderTax / United States
Jurisdiction · Schedule H–US · tax year 2026
United States
Digital assets are property for US federal tax purposes. That single classification drives everything below: every disposal is an event, every lot has its own clock, and the broker's paperwork is a claim to reconcile, not a fact to copy.
Filing deadline15 April 2027
Answer first
What HolderTax can say from the current evidence
Pre-publicationThese claims are still awaiting licensed human approval. Use the evidence bundle below to inspect the authority and review state.
Action-sensitive pageA deadline, disclosure route, examination or other consequential step is involved. Use the instructions on the authority document you actually received and do not treat this summary as advice.
Asset classificationPropertyIRS Notice 2014-21
Long-term holding thresholdMore than 12 months, per lot26 U.S.C. §1222
Wash-sale / §1091 scope§1091 applies by its text to stock or securities. A digital asset outside that classification is not covered merely because it is digital; if the asset is stock or a security, the analysis changes.26 U.S.C. §1091(a) — loss from wash sales of stock or securities
Broker basis reportingProceeds reported; basis where held by the brokerForm 1099-DA and instructions
Current position
The schedule.
Status marks: — settled in practice, ! watch (moving or commonly misapplied), ? unresolved. All lines are a working draft pending licensed review.
Schedule H · Part IClassification, holding period, reporting and deadlines
FORM H–US / 2026
STATUS: WORKING REVIEW| Line | Position | Current treatment | What it means | Status |
|---|---|---|---|---|
| 01 | Asset classification | Property | The taxable event follows a disposal, not a movement between your own wallets. | — |
| 02 | Long-term threshold | More than 12 months · per lot | Two purchases of the same token run two separate clocks. | — |
| 03 | Wash-sale rule · §1091 | Stock/security classification controls | §1091 is written for stock or securities. A digital asset outside that classification is not covered merely because it is digital. | ! |
| 04 | Broker reporting · 1099-DA | Proceeds; basis where held | Transferred assets can arrive without basis. Reconcile before you file. | ! |
| 05 | Staking rewards | Income at receipt | Record value and acquisition time. That value becomes basis for a later disposal. | ! |
| 06 | Token-for-token swap | Disposal | Stablecoin legs included. Every swap is two events: a sale and a purchase. | — |
| 07 | Foreign exchange accounts | Form 8938 likely · FBAR pending | Report where the threshold is met; the FBAR position is unresolved. | ? |
| 08 | Filing deadline | 15 April 2027 | An extension gives time to file, not time to pay. | — |
| 09 | Mining rewards | Income at receipt | Business-scale mining adds self-employment questions the hobby framing does not answer. | ! |
| 10 | Airdrops & hard forks | Income at receipt | Receipt means dominion and control — the moment you could first move it, wanted or not. | — |
| 11 | NFTs | Property · collectible question open | A collectible label changes the long-term rate. Guidance is analysis-based, not settled. | ? |
| 12 | Gifts & inheritance | Carryover basis · stepped-up at death | A gifted lot travels with its history; an inherited one restarts at date-of-death value. | — |
| 13 | Lending & DeFi deposits | Characterisation unresolved | Whether a deposit is a disposal turns on facts and documents. Position by protocol, not by vibe. | ? |
| 14 | Charitable donation | Deduction · appraisal over $5,000 | Long-term donated assets can deduct at value — with a qualified appraisal, not an exchange screenshot. | ! |
Working draft · all 14 lines pending licensed review · sign-off dates will appear per lineStart with line 04 →
CP2000Proposed changes to your returnA reported-income or basis mismatch. Often generated from gross proceeds.Response · 30 / 60 days
CP2501Pre-assessment discrepancyRespond now and the proposed assessment may never be issued.Deadline on the letter
Letter 6173Virtual-currency reporting inquiryA signed response is requested under penalty of perjury.Response required
6174 / 6174-AEducational and warning lettersNo reply requested, but the reporting issue is now on record.No response
Letter 2205-AExamination has startedSpeak to a representative before speaking to the examiner.Examination
CP3219AStatutory notice of deficiencyThe deadline now controls access to Tax Court.90 days · court
Published pages · United States
Read in the order trouble arrives.
Notice
CP2000 and digital assets
The response clock, why the proposed number can be wrong for crypto, and what to do first.
→ FormForm 1099-DA
What your broker reports, what it cannot know, and the reconciliation to do before you file.
→ DecisionAmend, quiet disclosure, or voluntary disclosure
Three doors for prior years. The wrong one cannot be reopened.
→ AnalysisWhy §1091 is “live”, not an exemption
The gap, the bills that keep reaching for it, and the file to keep either way.
→ ToolLong-term date checker
One lot, one clock. Enter the acquisition date; see the first long-term day.
→ CrossingMainland US → Puerto Rico
What Act 60 changes, what it cannot, and the valuation that decides the boundary.
→Evidence bundle
Canonical claims used on this page
Claim IDs are the publication contract. A translation or article may explain a claim, but cannot silently change its source, status or review lifecycle.
us.asset_classAsset classificationPropertyus.long_term_thresholdLong-term holding thresholdMore than 12 months, per lotus.wash_saleWash-sale / §1091 scope§1091 applies by its text to stock or securities. A digital asset outside that classification is not covered merely because it is digital; if the asset is stock or a security, the analysis changes.us.broker_basis_reportingBroker basis reportingProceeds reported; basis where held by the brokerus.staking_incomeStaking rewardsOrdinary income at dominion and controlus.swap_is_disposalToken-for-token swapDisposalus.foreign_account_reportingForeign account / asset reportingForm 8938 likely where thresholds are met; FBAR scope pendingus.filing_deadlineFiling deadline15 April 2027 (extension to 15 October)us.basis_methodBasis identification methodSpecific identification or FIFOus.basis_scopeBasis tracking scopeWallet-by-wallet (per account) from 2025us.nft_treatmentNFT treatmentCollectibles rate may apply (look-through)us.asset_questionFront-page digital-asset questionYes — front-page question on Form 1040us.disclosure_routeVoluntary disclosure routeVoluntary Disclosure Practice (pre-clearance); amended returnsus.limitation_periodLimitation / assessment period3 years; 6 if >25% omitted; unlimited if no return or fraud