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Crypto Tax Calculator

Estimate your cryptocurrency taxes based on US tax brackets. Currently calculating in US Dollar.

Tax Settings
Enter your income and transactions

HIFO typically minimizes taxes by selling highest-cost coins first

Estimated Crypto Tax

$560

15.0% effective rate

Short-Term

$0

Tax: $0

Long-Term

$3,735

Tax: $560

Crypto Income

$0

Tax: $0

Total Fees

$25

Deductible from gains

Tax Breakdown
Gains & Losses by Type
Taxable Events
Summary of all taxable cryptocurrency transactions
CoinTypeDateAmountProceedsCost BasisGain/LossTerm
BTCsell2024-06-150.250000$11,235$7,500+$3,735Long

Important Tax Considerations

  • This calculator provides estimates only. Consult a tax professional for accurate advice.
  • Crypto-to-crypto trades are taxable events in the US.
  • Staking rewards, mining income, and airdrops are taxed as ordinary income when received.
  • Keep detailed records of all transactions including dates, amounts, and prices.
Crypto Tax Tips

Tax-Loss Harvesting

Sell losing positions to offset gains. Unlike stocks, crypto is not subject to wash sale rules (currently).

Hold for Long-Term

Assets held over 1 year qualify for lower long-term capital gains rates (0%, 15%, or 20%).

Use HIFO Cost Basis

Highest In, First Out method can minimize taxes by selling your highest-cost lots first.

Donate Appreciated Crypto

Donating crypto held over 1 year avoids capital gains and may qualify for a deduction.