Crypto Taxes in Italy 2026: Quadro RW, Quadro RT, What Residents Must Report
Educational material; for edge cases and larger amounts, it’s best to involve a tax specialist in Italy.
In Italian practice, crypto investors usually run into two practical questions: whether assets must be disclosed if you only held them in a wallet/exchange account, and where to report financial results if you sold, swapped, or paid with crypto. On the return, this typically splits into two sections: Quadro RW and Quadro RT.
What Is Quadro RW?
RW is the section for monitoraggio fiscale—asset monitoring and ownership transparency. It can apply even if you never cashed out to euros and never “locked in” profits.
What usually matters for RW:
- Where the assets were held: exchange, custodial service, or self-custody wallet.
- Valuation method: how you determine portfolio value on the relevant dates under the filing instructions.
- Evidence: exchange reports/statements, screenshots of balances, exports of holdings, and basic wallet/address data.
Ignoring RW can be risky: the tax authority treats ownership disclosure as a separate compliance layer, and mistakes in monitoring often trigger more questions than the tax on gains itself.
What Is Quadro RT?
RT is where plusvalenze are reported—results from transactions that may be taxable.
Common triggers that lead to RT:
- Selling crypto for fiat (EUR, etc.).
- Paying for goods/services with crypto: economically, the asset is disposed of in exchange for consumption.
- Crypto-to-crypto swaps: this is where many people make mistakes. Depending on interpretation and case details, a swap may be treated as a realization event. The safest approach is not guessing, but keeping records so you can support the calculation and your price sources.
The logic is usually tied to the realization event and the transaction result, not to whether funds reached your bank account.
Why This Matters in 2026
Around the 2025–2026 boundary, Italy debated and updated parts of the criptoattività regime in the context of budget changes, so many residents are re-checking what applies to their specific tax year and transaction mix. Always match your tax period to the correct version of the rules and the latest form instructions—especially if transactions fall close to year-end.
Do You Need RW, RT, or Both?
Only held crypto (wallet/exchange): focus on RW.
Sold/paid/swapped: RT comes into play.
Held and actively transacted: often RW + RT together.
Documents to Prepare for Quadro RW and Quadro RT
To get through filing season without surprises, gather:
- One consolidated activity report: trades, deposits, withdrawals (CSV/statement).
- Year-end balance snapshot: statement/export/screenshot with a visible date.
- Transfer history: networks, addresses, TX hashes—especially for movements between platforms.
- Your cost-basis logic: how you compute acquisition cost and what supports it (price sources, fees, dates).
Conclusion
In Italy in 2026, crypto reporting usually has two layers: RW covers ownership and monitoring, while RT covers transaction results. The earlier you collect exports, year-end balances, and a clear calculation method, the smoother the filing process—and any follow-up questions about source of funds.
If you want record-keeping to stay manageable, it helps to keep activity in a clean operational setup. Within the Hexn ecosystem, you can structure this so transaction history and supporting proofs are easier to compile—so when filing season comes, you’re working from a prepared dataset rather than piecing everything together manually.