Voyager Crypto Tax Reporting 2026 – Bankruptcy Loss Guide

Voyager Digital froze customer accounts in July 2022 and filed for bankruptcy. Thousands of US customers sustained losses. Here is the complete guide to reporting Voyager losses on your taxes.

When Can You Claim a Voyager Loss?

You can claim a tax loss once you have a realized, quantifiable loss:

• After receiving your final recovery distribution
• After selling your bankruptcy claim on a secondary market
• When the bankruptcy court confirms the final recovery percentage

How to Calculate Your Voyager Loss

Deductible loss = total cost basis in crypto held on Voyager minus total recovery received.

Example: $50,000 cost basis on Voyager → $35,000 recovery → $15,000 loss.

If recovery was in crypto, value those distributions at fair market value on date received.

Tax Treatment

• Capital loss (most investors): offsets capital gains; up to $3,000/year against ordinary income; excess carries forward indefinitely
• Ordinary loss (if crypto was business inventory): fully deductible
• Theft loss: may apply if fraud proven – consult a tax professional

Reporting on Form 8949

• Date acquired: original purchase date
• Date sold: date of final recovery/abandonment
• Proceeds: total recovery in USD
• Cost basis: original amount invested
• Result: negative number = capital loss

Amended Returns

If you sustained the loss in a prior year and did not report it, file an amended return (Form 1040-X) for up to 3 years back. Capital losses can also be carried back 3 years via specific elections – consult a tax professional.

Hinweis: Dieser Artikel dient ausschließlich zur allgemeinen Information und stellt keine Steuerberatung dar. Für individuelle Steuerberatung wende dich an einen zugelassenen Steuerberater.