Key facts
- Log every on-chain event in a spreadsheet: date, tx signature, type, USD value at time.
- Note that minting supply into your own wallet may be a receipt of income in some jurisdictions.
- Adding liquidity often trades one asset for two, which may be a taxable disposition.
Step-by-step
- Log every on-chain event in a spreadsheet: date, tx signature, type, USD value at time.
- Note that minting supply into your own wallet may be a receipt of income in some jurisdictions.
- Adding liquidity often trades one asset for two, which may be a taxable disposition.
- Airdrops to third parties may be ordinary income to recipients.
- Burning tokens generally is not a taxable disposition (no proceeds), but jurisdictions vary.
- Consult a crypto-aware accountant in your jurisdiction before year-end.
Next step
Next steps
Related tools
Related guides
FAQ
Is minting a Solana token a taxable event?
Depends on jurisdiction. Some treat it as receiving property; others treat it as inventory. Consult a local professional.
Do I owe tax on burned tokens?
Generally no gain or loss on burns to a null address, but jurisdictions differ.
The Solana launch trust layer — free mint, public Launch Score, paid trust actions.