Yes. In the case of cryptocurrencies, every transaction of onerous disposal of a virtual currency (e.g., when you decide to sell or use cryptocurrency as payment for a service or a property right) generates a tax obligation and should be included in the PIT-38 declaration.

Exchanging one cryptocurrency for another (e.g., Bitcoin for Ethereum) is tax-neutral, i.e., you do not show the transaction in PIT-38. Only the moment in which you sell cryptocurrency for fiat currency (e.g., Polish zloty) results in the generation of income.

Income from the sale of cryptocurrencies is determined based on the market value in Polish zlotys on the day of the transaction (according to the NBP exchange rate from the day preceding the transaction). This value is included in PIT-38 as income from the onerous disposal of cryptocurrencies.

Yes, tax-deductible costs in PIT-38 include, among others, expenditures directly related to the acquisition of cryptocurrencies – such as transaction fees, commissions, or the purchase price. Thanks to them, you can reduce the tax due.

In the case of cryptocurrencies, the tax is 19% and is treated as a capital gains tax. The tax-free allowance does not apply here – if you achieve any profit, you are obliged to report it and pay the tax.

Cryptocurrency settlement requires submitting an annual PIT-38 return, even if the sale took place only once in a given year. This applies both to individuals not conducting business activity and to those who are not VAT taxpayers.

You submit the cryptocurrency PIT for 2024 by April 30 of the following year, i.e., by April 30, 2025. This deadline also applies to persons who had even one transaction of selling virtual currencies on an exchange.

No. The purchase of cryptocurrencies and acquisition (e.g., as part of a donation) are not included in PIT-38. You only show the generation of income from the onerous disposal of cryptocurrencies.

No. Exchanging one cryptocurrency for another is tax-neutral, so you do not have to settle it in PIT-38. Tax will appear only when you exchange cryptocurrency for legal tender (e.g., Polish zloty) or use it for payment.

At the moment (for cryptocurrency settlement in 2025), no revolutionary changes in the regulations have been announced. The 19% PIT tax and tax settlement via PIT-38 still apply.

Yes. Tax settlement also applies to transactions made on foreign exchanges such as Binance. The profit obtained is also shown in PIT-38. It is worth taking care of transaction records yourself or using accounting help.

Many investors decide on professional support. Correct settlement of transactions, inclusion of income, costs, and currency conversions from the day of the transaction can be complicated. The help of an accounting office, such as EFEKTA, gives you the certainty that your settlement will not be questioned by the office.