Crypto Tax Calculator: Capital Gains and Income Reporting

Every cryptocurrency sale, trade, or exchange is a taxable event that must be reported to the IRS, and failure to report can result in penalties of up to 75 percent of the underpaid tax. Our crypto tax calculator helps you estimate the capital gains tax on your trades by factoring in your cost basis, holding period, and income tax bracket.

Short-term crypto gains held less than one year are taxed as ordinary income at rates up to 37 percent, while long-term gains benefit from preferential rates of 0, 15, or 20 percent. The calculator automatically applies the correct rate based on your holding period and filing status, showing you exactly how much you owe on each realized gain.

Staking rewards, mining income, airdrops, and DeFi yields are all taxed as ordinary income at fair market value on the date received. Use our capital gains calculator for stock and real estate gains, and our tax bracket calculator to see how crypto income pushes you into higher brackets.