Crypto Tax Calculator
Calculate cryptocurrency capital gains, losses, and tax obligations
🆕 2024 Tax Year
Multiple Methods
All Cryptocurrencies
Free Tool
This calculator provides estimates only. Always consult with a qualified tax professional for official tax advice. Tax laws vary by jurisdiction and are subject to change.
Crypto Tax Calculator
Add Transaction
Add your crypto transactions to calculate tax obligations
Understanding Crypto Taxes
Learn the basics of cryptocurrency taxation
Capital Gain
Profit from selling crypto for more than you paid
Capital Loss
Loss from selling crypto for less than you paid
FIFO
First In, First Out - sell oldest holdings first
LIFO
Last In, First Out - sell newest holdings first
Wash Sale
Buying back same asset within 30 days (doesn't apply to crypto yet)
Example Scenarios
Bitcoin Purchase & Sale
Details: Bought 1 BTC at $30,000, sold at $45,000
Result: $15,000 (Long-term capital gain)
Tax Impact: 15% tax rate if held over 1 year
Ethereum Trading Loss
Details: Bought 10 ETH at $3,000 each, sold at $2,500 each
Result: -$5,000 (Capital loss)
Tax Impact: Can offset up to $3,000 of regular income
Calculator Features
Capital Gains/Losses
Calculate exact gains or losses on your crypto transactions
Tax Obligation
Estimate your tax liability based on current rates
Multiple Methods
FIFO, LIFO, and specific identification methods
All Cryptocurrencies
Works with Bitcoin, Ethereum, and all major cryptos
2024 Capital Gains Tax Rates
Long-term (held over 1 year)
$0 - $44,6250%
$44,626 - $492,30015%
$492,301 - +20%
Short-term gains (held ≤ 1 year) are taxed as ordinary income at your regular tax rate.
Important Notes
- • Crypto-to-crypto trades are taxable events
- • Using crypto to buy goods/services triggers taxes
- • Mining and staking rewards are taxable as income
- • DeFi activities may have complex tax implications
- • Keep detailed records of all transactions
- • Consider tax-loss harvesting strategies
Cryptocurrency Tax Basics
When Are Crypto Transactions Taxable?
In most jurisdictions, cryptocurrency is treated as property for tax purposes. This means:
- • Selling crypto for fiat currency
- • Trading one cryptocurrency for another
- • Using crypto to purchase goods or services
- • Receiving crypto as payment for work
- • Mining or staking rewards
Record Keeping Best Practices
Proper record keeping is essential for accurate tax reporting:
- • Date of each transaction
- • Amount of cryptocurrency involved
- • Dollar value at time of transaction
- • Purpose of the transaction
- • Exchange or wallet used
- • Transaction fees paid