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.
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.