Just 3% of U.S. cryptocurrency investors had filed their taxes as of the end of March. By comparison, Americans overall have filed about 40% of individual returns expected this tax season.
The report, from digital asset platform
Users are apparently well aware of their lack of knowledge: not only have most not filed their taxes, 75% said they are not yet prepared to do so, and 74% desire more information on how to file their taxes.
"Surveys like this underscore the importance of ongoing education so that crypto users can file taxes more accurately and seamlessly, and save time and money," CoinTracker said in a statement.
Other studies point to similar confusion over cryptocurrency taxes. A recent report from cryptocurrency finance platform Gemini (