There are a plethora of solutions where (across multiple chains) you can give it wallet addresses and it looks on chain to figure out transactions and the taxab

There are a plethora of solutions where (across multiple chains) you can give it wallet addresses and it looks on chain to figure out transactions and the taxable currency (fiat/USD/whatever) at the times the transactions were executed. These have been around since at least 2017. I'm pretty sure major exchanges generate the tax form/supplemental schedule/whatever for you in the case of trades on their internal order books (they never really touch chain). Unless you're doing some very edge case or going out of your way (evasion) there's not much good reason to struggle with some kind of reasonable tax compliance with all of this. > I know the real cynical answer is that most people just don’t report correctly, but I’m curious how you’d do it if you wanted to be legit. Not surprisingly when I used to be involved in crypto even discussing an attempt at paying taxes was met with "LOL you idiot bootlicker" types of responses from the crypto community. The only reason they're not in jail or getting hit with heavy penalties from the IRS, etc is because they're too small for anyone to care and audits and budgets for IRS enforcement have been slashed: https://www.cnbc.com/2023/04/01/heres-why-irs-tax-audits-have-declined-over-the-past-decade.html https://www.cnbc.com/2023/04/01/heres-why-irs-tax-audits-hav...