German Crypto Tax Deadline Looms: Midnight Tonight

The German crypto tax deadline is today, July 31st, and individuals must file their returns before midnight to avoid penalties. This marks the end of COVID-era extensions, and filers will now have to adhere to the normal rule under §149 Abs.2 AO.

Mandatory filers, including those who sold cryptocurrencies within a year, will be taxed at their personal income tax rate, up to 45%. A €1,000 Freigrenze applies to all private disposals in a calendar year, and staking, lending, or mining rewards are taxable on receipt.

The German tax office uses the FIFO method for calculating gains, applied per wallet or exchange. Anlage SO now has dedicated crypto lines, and individuals must provide detailed documentation, including transaction overviews or a proper tax report showing type, quantity, acquisition and disposal dates, costs, and rates.

With DAC8 set to take effect from January 1st, 2026, cryptocurrency service providers in the EU will automatically report user transaction data to the tax authorities. Filers can use dedicated tax tooling, such as CoinTracking, to generate a filing-ready crypto report in time.