Money Do you have to report crypto on taxes? Yes. Here’s what you should know about form 8949 January 26, 2023 Elisabeth Buchwald, USA TODAY Comments Off on Do you have to report crypto on taxes? Yes. Here’s what you should know about form 8949 Crypto losses can be deducted from your taxes or income at up $3,000 a year. But you can carry the losses forward in future tax years.