Crypto Tax Calculator

Estimate your cryptocurrency capital gains tax. Calculate short-term vs long-term rates based on your holding period, filing status, and income bracket.

0uses
0/10(0)
Disclaimer: This calculator provides estimates only and is not financial or tax advice. Tax laws vary by jurisdiction and change frequently. Always consult a qualified tax professional for your specific situation.
Capital Gain$22,500.00
Tax Rate (Short-term)22%
Estimated Tax$4,950.00
Net Profit After Tax$17,550.00

Detailed Breakdown

Total Cost Basis$30,000.00
Total Sale Proceeds$52,500.00
Capital Gain$22,500.00
Holding PeriodShort-term (< 1 year)
Applicable Tax Rate22%
Estimated Tax Owed$4,950.00
Net Profit After Tax$17,550.00

Short-Term Capital Gains Tax Brackets (Single Filer, 2024)

Income RangeTax Rate
$0.00 - $11,600.0010%
$11,600.00 - $47,150.0012%
$47,150.00 - $100,525.0022%
$100,525.00 - $191,950.0024%
$191,950.00 - $243,725.0032%
$243,725.00 - $609,350.0035%
$609,350.00 - +37%
This tool provides estimates based on US federal tax rates for 2024. State and local taxes are not included. Tax rules for cryptocurrency are complex and subject to change. Consult a qualified tax professional before making financial decisions.

How to Use the Crypto Tax Calculator

  1. Enter your buy price per coin/token.
  2. Enter your sell price per coin/token.
  3. Enter the amount (quantity) of crypto.
  4. Select your holding period (short-term or long-term).
  5. Enter your filing status and annual income for tax rate estimation.

Short-Term vs Long-Term

In the US, cryptocurrency held for less than one year is taxed at short-term capital gains rates, which are the same as ordinary income tax rates. Crypto held for more than one year qualifies for lower long-term capital gains rates (0%, 15%, or 20% depending on income).

Features

  • Short-term and long-term capital gains rates
  • Multiple filing status support
  • Income-based tax bracket estimation
  • Net profit after tax calculation
  • 100% client-side for full privacy

Disclaimer:This tool is provided β€œas is” for informational and educational purposes only. Results may not be 100% accurate. ToolBird makes no warranties, express or implied, regarding the accuracy, reliability, or completeness of any output generated by this tool. This tool does not constitute professional, legal, financial, medical, or tax advice. Always consult a qualified professional for important decisions. By using this tool, you agree that ToolBird and its operators shall not be held liable for any damages, losses, or consequences arising from the use of this tool or reliance on its results. All processing occurs in your browser β€” we do not store, transmit, or access your data. Use at your own risk.