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Crypto Tax Reporting (Made Easy!) - pro.iconiccreation.org / pro.iconiccreation.org - Full Review!Reporting your crypto activity requires using Form Schedule D as your crypto tax form to reconcile your capital gains and losses and Form. If the value is lower, you'll have a capital loss which you can use to offset your gains through a strategy known as tax-loss harvesting. Be sure to save receipts. Fill Out IRS Form Report your mining income and expenses on Schedule C of IRS Form Report Capital Gains.