Crypto Tax Calculator
Capital Gains Tax
Multiple Trades Summary
Formula
Tax = Capital Gain x Tax Rate; Capital Gain = Sale Price - Purchase Price (Cost Basis)
Frequently Asked Questions
How is crypto taxed?
In the US, cryptocurrency is treated as property. Selling, trading, or spending crypto triggers a taxable event. Gains are taxed as either short-term (ordinary income rates) or long-term capital gains depending on holding period.
What is the difference between short-term and long-term crypto tax?
Short-term gains (held less than 1 year) are taxed at your ordinary income tax rate. Long-term gains (held 1 year or more) benefit from lower capital gains rates of 0%, 15%, or 20%.
Do I owe tax on crypto losses?
No, you do not owe tax on losses. In fact, crypto losses can be used to offset gains and up to $3,000 of ordinary income per year in the US.
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