A free calculator that estimates capital gains tax on your crypto, separating short-term and long-term, so there are no surprises at tax time.
In most countries, selling, trading, or spending cryptocurrency is a taxable event — and many people don't realize how much they owe until tax season. The tax depends on your gain (what you sold for minus what you paid), how long you held, and your income. Crucially, holding longer than a year usually qualifies for much lower long-term rates.
This calculator gives you a simplified estimate so you can plan ahead and set aside the right amount. Crypto taxation is genuinely complex, with rules differing by country and changing over time, so treat this as a planning starting point and use dedicated crypto-tax software or a professional for your actual filing.
This page is educational and is not tax advice. Crypto tax rules in the United States are detailed and change over time, so the estimate here is meant to help you plan rather than to replace your actual return. Always confirm the current rules with the IRS or a qualified CPA before you file.
The calculator above asks for three core figures so it can approximate a capital gain and a rough tax range. First, you enter your total proceeds — the U.S.-dollar amount you received when you sold, traded, or spent your crypto. Second, you enter your cost basis, which is generally what you originally paid for that crypto plus any acquisition fees. Subtracting your basis from your proceeds gives the capital gain (or loss) on that position. Third, you tell the tool your holding period and income, because those determine which set of rates applies. The result is an illustrative estimate only: it does not account for state taxes, the net investment income tax, deductions, wash-sale considerations, or how a gain stacks on top of your other income. Treat the number as a planning figure, not a final tax liability.
The length of time you hold a crypto asset before disposing of it can change your tax meaningfully. According to the IRS, assets held for more than one year are generally treated as long-term and may qualify for lower long-term capital gains rates. Assets held for one year or less are short-term, and that gain is generally taxed as ordinary income at your regular marginal rate, which is often higher. The one-year line is measured from the day after you acquired the asset to the day you disposed of it, so a few days can move a position from short-term to long-term. Because the specific rate brackets and thresholds are adjusted periodically, you should verify the figures that apply to your tax year directly with the IRS or your CPA rather than assuming last year's numbers still hold.
Good records are what make an accurate crypto return possible. For every acquisition and every disposal, keep the date of the transaction, the amount of crypto involved, and its U.S.-dollar value at that moment, along with any fees. The IRS treats virtual currency as property rather than as currency, a position it set out in Notice 2014-21, which means each sale, trade between coins, or use of crypto to buy goods can be a separate taxable event with its own gain or loss. You generally report these capital gains and losses on Form 8949 and summarize them on Schedule D of your federal return. Pulling this data from multiple wallets and exchanges by hand is error-prone, so many people use crypto-tax software to consolidate it. Because reporting requirements and forms can change from year to year, confirm the current filing instructions with the IRS or a CPA before you submit your return.
It's a simplified educational estimate. It ignores state tax, other income interactions, and many rules. Crypto tax is complex — use dedicated software or a professional for filing.
In many countries crypto is taxed as property, so selling, trading between coins, or spending it can trigger a taxable gain or loss.
Assets held over a year often qualify for lower long-term rates, while those held a year or less are usually taxed at higher short-term rates.
Dates, amounts, and values for every acquisition and disposal across all wallets and exchanges. Crypto-tax software automates this.
Affiliate disclosure: some links on this site are affiliate links. If you sign up for a service through them, we may earn a commission at no additional cost to you. This never affects our recommendations. See our full disclosure.
Automatically import transactions and generate your tax forms.
Learn more in our guides →See gains, losses, and tax impact across all your wallets.
Learn more in our guides →Connect with accountants who specialize in cryptocurrency.
Learn more in our guides →