New Jersey to Ask About Crypto Holdings in Future Tax Returns

New Jersey will soon start requiring tax filers to report whether they “engage in or hold any digital assets” like cryptocurrency, Marita Sciarrotta, acting director of the state’s Division of Taxation, said Tuesday.

Taxpayers will have to disclose the information when they file their returns for the 2025 tax year, Sciarrotta said during a panel at a conference hosted by New York University. Those returns will be due April 15, 2026.

• Sciarrotta said it’s “important to start building a database on what’s going on with crypto.”
• She added the data is already required on federal tax returns and that ...