Crypto Tax Calculator
Estimate taxes on cryptocurrency sales. The IRS treats crypto as property, meaning you owe capital gains tax when you sell, trade, or spend it.
📅 Tax Year:
Calculate Crypto Tax
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Original purchase price + fees
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Use Cases
- Estimate federal tax owed on Bitcoin, Ethereum, or altcoin sales before filing your return.
- Compare the tax impact of selling crypto held short-term vs. long-term to time dispositions.
- Plan year-end crypto sales to stay within a lower capital gains bracket.
- Calculate net profit after taxes when converting crypto to fiat currency.
- Evaluate the tax cost of using crypto for purchases or swapping between tokens.
Assumptions & Limitations
- The IRS treats cryptocurrency as property; each sale, trade, or spend is a taxable event.
- Short-term gains (held less than 1 year) are taxed at ordinary income rates (10%-37%).
- Long-term gains (held 1 year or more) are taxed at preferential rates (0%, 15%, or 20%).
- This calculator does not account for the 3.8% NIIT surtax or state/local taxes.
- Losses are shown but the $3,000 annual deduction limit and carryforward rules are not modeled.
- This tool provides estimates for educational purposes only and does not constitute tax advice. Consult a qualified tax professional for your specific situation.
What this calculator does
This page turns the visible tax inputs into a planning estimate that can be checked against official forms and records. It is designed for quick comparison, not as a substitute for professional tax advice.
How to use this calculator
- Enter the filing status, income, deduction, credit, withholding, and other fields that apply to your situation.
- Run the calculator and review the tax estimate, rate, deduction, or planning result shown on the page.
- Compare the result with IRS forms, state rules, and your own records before making payment or filing decisions.
Frequently Asked Questions
Crypto capital gains tax calculator 2026?
Start with the key tax inputs and keep each number easy to verify. For the Crypto Tax Calculator, start with purchase date, sale or exchange date, proceeds, cost basis, fees, staking or reward income, and wallet or exchange records. Then use: crypto gain or loss = proceeds - cost basis - selling fees. If you bought Bitcoin for $8,000 and sold it for $11,000 after fees, the taxable gain is about $3,000. Read the result as short-term or long-term gain, loss, and ordinary income from rewards where applicable. Transfers between your own wallets are different from taxable sales, but records are still important.
How much tax do I pay when I sell Bitcoin?
Separate each tax component so the estimate stays readable and easier to check. The Crypto Tax Calculator works best when you enter purchase date, sale or exchange date, proceeds, cost basis, fees, staking or reward income, and wallet or exchange records. The planning formula is crypto gain or loss = proceeds - cost basis - selling fees. If you bought Bitcoin for $8,000 and sold it for $11,000 after fees, the taxable gain is about $3,000. Use the final number for short-term or long-term gain, loss, and ordinary income from rewards where applicable. Transfers between your own wallets are different from taxable sales, but records are still important.
Crypto tax calculator short term vs long term?
Put the two choices in separate columns so the tradeoff is visible. In the Crypto Tax Calculator, enter purchase date, sale or exchange date, proceeds, cost basis, fees, staking or reward income, and wallet or exchange records. The comparison should look at short-term or long-term gain, loss, and ordinary income from rewards where applicable, not just gross income. The working formula is: crypto gain or loss = proceeds - cost basis - selling fees. If you bought Bitcoin for $8,000 and sold it for $11,000 after fees, the taxable gain is about $3,000. Transfers between your own wallets are different from taxable sales, but records are still important.
How to calculate crypto gains from multiple trades?
Build the estimate in order. First gather purchase date, sale or exchange date, proceeds, cost basis, fees, staking or reward income, and wallet or exchange records. Then apply this working formula: crypto gain or loss = proceeds - cost basis - selling fees. Use the calculator output for short-term or long-term gain, loss, and ordinary income from rewards where applicable. If you bought Bitcoin for $8,000 and sold it for $11,000 after fees, the taxable gain is about $3,000. Transfers between your own wallets are different from taxable sales, but records are still important.
Do I pay taxes on crypto staking rewards?
Staking rewards are generally taxable income when received. The main rule is that digital assets are generally treated as property for federal tax purposes, so selling, exchanging, or spending crypto can create taxable income. In the Crypto Tax Calculator, enter purchase date, sale or exchange date, proceeds, cost basis. If you bought Bitcoin for $8,000 and sold it for $11,000 after fees, the taxable gain is about $3,000. Transfers between your own wallets are different from taxable sales, but records are still important.
Tax calculator for Bitcoin profit?
Start with the key tax inputs and keep each number easy to verify. Enter purchase date, sale or exchange date, proceeds, cost basis, fees, staking or reward income, and wallet or exchange records in the Crypto Tax Calculator. A practical formula is: crypto gain or loss = proceeds - cost basis - selling fees. If you bought Bitcoin for $8,000 and sold it for $11,000 after fees, the taxable gain is about $3,000. Review short-term or long-term gain, loss, and ordinary income from rewards where applicable. Transfers between your own wallets are different from taxable sales, but records are still important.
Crypto tax loss calculator?
Separate each tax component so the estimate stays readable and easier to check. For the Crypto Tax Calculator, start with purchase date, sale or exchange date, proceeds, cost basis, fees, staking or reward income, and wallet or exchange records. Then use: crypto gain or loss = proceeds - cost basis - selling fees. If you bought Bitcoin for $8,000 and sold it for $11,000 after fees, the taxable gain is about $3,000. Read the result as short-term or long-term gain, loss, and ordinary income from rewards where applicable. Transfers between your own wallets are different from taxable sales, but records are still important.
Sources & References
- IRS Notice 2014-21 - Virtual Currency Guidance
- IRS Rev. Rul. 2019-24 - Cryptocurrency Hard Forks and Airdrops
- IRS Form 8949 Instructions - Sales and Dispositions of Capital Assets
- IRS Publication 544 - Sales and Other Dispositions of Assets
- IRS FAQ on Virtual Currency Transactions
Tax laws change frequently. Always verify current rates and thresholds on IRS.gov before making financial decisions.