Crypto Tax Calculator: Gains, Sales & Trades (2026)
Estimate how much tax you owe on cryptocurrency gains. The IRS treats crypto as property — selling, trading, or converting it are all taxable events. Short-term gains (held under 12 months) are taxed as ordinary income at 10–37%. Long-term gains (held over 12 months) are taxed at 0%, 15%, or 20%.
On this page: Calculator · Crypto tax rates · What counts as taxable · FAQs
Crypto tax calculator
Enter your cost basis, sale price, and tax rate to see your capital gain, estimated tax, and after-tax profit.
This is a flat-rate planning estimate. Short-term gains use ordinary-income rates; long-term gains held more than one year use the 0%, 15%, or 20% capital-gain bands. Actual tax can span rate bands as the gain stacks on top of other taxable income.
Capital gain: $
Estimated tax: $
After-tax profit: $
Effective tax rate: %
Need to reconcile broker records or Form 1099-DA transactions? TurboTax↗ can help with supported digital-asset reporting workflows.
Crypto capital gains tax rates (2026)
Long-term rates (held over 12 months)
| Filing Status | 0% Rate | 15% Rate | 20% Rate |
|---|---|---|---|
| Single | Up to $49,450 | $49,451–$545,500 | Over $545,500 |
| Married Filing Jointly | Up to $98,900 | $98,901–$613,700 | Over $613,700 |
| Head of Household | Up to $66,200 | $66,201–$579,600 | Over $579,600 |
The 3.8% NIIT can apply when MAGI exceeds $200,000 for single/head-of-household filers or $250,000 for married filing jointly. It applies to the lesser of net investment income or MAGI above the threshold — not automatically to the entire crypto gain. See the IRS NIIT guidance.
Short-term rates (held 12 months or less)
Short-term crypto gains are taxed at your ordinary income marginal rate — the same bracket as your salary or wages: 10%, 12%, 22%, 24%, 32%, 35%, or 37%.
Tax on a $10,000 crypto gain — short vs long-term comparison
| Scenario | Tax Rate | Tax Owed | After-Tax Profit |
|---|---|---|---|
| Short-term, 22% bracket | 22% | $2,200 | $7,800 |
| Short-term, 32% bracket | 32% | $3,200 | $6,800 |
| Long-term, low income (0%) | 0% | $0 | $10,000 |
| Long-term, 15% rate | 15% | $1,500 | $8,500 |
| Illustrative 20% rate + full 3.8% NIIT | 23.8% | $2,380 | $7,620 |
What counts as a taxable cryptocurrency event?
| Event | Taxable? | Tax Type |
|---|---|---|
| Selling crypto for USD | ✓ Yes | Capital gains (short or long-term) |
| Trading crypto for crypto (e.g., BTC → ETH) | ✓ Yes | Capital gains on the disposed asset |
| Using crypto to buy goods/services | ✓ Yes | Capital gains at FMV on transaction date |
| Receiving crypto as payment/income | ✓ Yes | Ordinary income at FMV on receipt date |
| Mining or staking rewards | ✓ Yes | Ordinary income at FMV when you have dominion and control |
| Receiving crypto as a gift | ✗ Not at receipt | No income on receipt; gain/loss basis rules apply when sold |
| Simply holding crypto | ✗ No | No tax until disposed |
| Transferring between your own wallets | ✗ No | Not a taxable event |
Transaction costs can affect adjusted basis or amount realized. If a fee itself is paid with digital assets, that payment can also create a reportable digital-asset disposition. Keep exchange statements and your own basis records.
2026 Form 1099-DA reporting
Form 1099-DA is now part of the normal digital-asset reporting workflow. For sales effected after 2025, covered U.S. brokers generally report gross proceeds, and for covered digital assets they also report basis information. Assets acquired before 2026 or transferred into a broker can be noncovered, so the basis box may be blank and you may still need your own records. Whether or not you receive Form 1099-DA, taxable digital-asset income, gains, and losses still must be reported. See the IRS Form 1099-DA guidance.
Does the wash-sale rule apply to crypto in 2026?
Section 1091 wash-sale rules apply to stock or securities. They generally do not apply to ordinary cryptocurrency that is not stock or securities, but a blanket “crypto is exempt” rule is too broad: the IRS's 2026 Form 1099-DA instructions specifically address wash-sale loss reporting for digital assets that are also stock or securities, such as certain tokenized securities.
Filing taxes with crypto gains?
Digital assets held as capital assets are generally reported through Form 8949 and Schedule D. Form 1099-DA can provide broker-reported proceeds and, for covered assets, basis information. These tools can help with common filing workflows:
TurboTax↗ — can import supported crypto transactions and help prepare Form 8949
H&R Block↗ — file with a tax professional for complex crypto or multi-exchange situations
FreeTaxUSA↗ — supports Schedule D filing for many common digital-asset sales
Affiliate links — we may earn a commission at no cost to you.
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- RSU tax calculator Estimate tax on vesting RSUs — ordinary income at vesting, capital gains on appreciation
- Side income tax calculator If you receive crypto as payment or freelance income, estimate the tax impact
- Marginal vs effective tax rate How bracket stacking works when crypto gains are added to your salary
Crypto tax calculator: FAQs
How are cryptocurrency gains taxed in 2026?
The IRS treats cryptocurrency as property. Selling, trading, or converting crypto are taxable events subject to capital gains tax. Short-term gains (held under 12 months) are taxed as ordinary income at your marginal rate (10%–37%). Long-term gains (held over 12 months) are taxed at 0%, 15%, or 20% depending on taxable income. For 2026, single filers pay 0% long-term CGT up to $49,450, 15% up to $545,500, and 20% above that.
What is the crypto tax rate for 2026?
For 2026, short-term crypto gains are taxed at your ordinary income rate (10%, 12%, 22%, 24%, 32%, 35%, or 37%). Long-term crypto gains (held over 12 months) are taxed at 0%, 15%, or 20%. Single filers with income under $49,450 pay 0% on long-term gains. The 3.8% Net Investment Income Tax (NIIT) can also apply when MAGI exceeds $200,000 for single/head-of-household filers or $250,000 for married filing jointly. NIIT is based on the lesser of net investment income or the MAGI excess, so 23.8% is a possible combined top rate rather than an automatic rate on every gain.
Do I pay tax when I trade one cryptocurrency for another?
Yes. The IRS treats trading one cryptocurrency for another (e.g., Bitcoin for Ethereum) as a taxable disposal of the first asset. You recognize a capital gain or loss based on the fair market value of the crypto received minus your cost basis in the crypto disposed of. This applies even if you never convert to US dollars.
Is selling crypto always taxable?
Yes, in almost all cases. Selling crypto for USD, trading crypto for crypto, using crypto to purchase goods or services, and receiving crypto as payment are all taxable events. Receiving crypto as a gift is generally not taxable at the time of receipt, but selling the gifted crypto triggers capital gains. Simply holding crypto is not taxable.
Are crypto losses tax deductible?
Yes. Capital losses from digital assets held as capital assets can offset capital gains, and a net capital loss can generally offset up to $3,000 of other income per year ($1,500 if married filing separately), with unused losses carried forward. Wash-sale rules apply to stock or securities. They generally do not apply to ordinary cryptocurrency that is not stock or securities, but digital assets that are stock or securities can be subject to wash-sale treatment.
Does holding crypto long-term reduce my tax?
Yes, significantly. Holding a crypto asset for at least one year and one day before selling qualifies the gain for long-term capital gains rates (0%, 15%, or 20%) instead of ordinary income rates (up to 37%). On a $10,000 gain at 22% marginal rate, switching from short-term to long-term saves approximately $700 in federal tax. At 32%, the savings would be approximately $1,700.
Does this crypto tax calculator include transaction fees?
No. This calculator does not automatically account for exchange fees or transaction costs. Acquisition costs can affect basis and selling costs can affect amount realized. If a fee is paid with digital assets, the payment can itself be a reportable disposition. Use your exchange records and Form 1099-DA, when provided, to reconcile proceeds and basis.
What is Form 1099-DA for crypto?
Form 1099-DA reports digital-asset proceeds from broker transactions. For 2026 sales, covered U.S. brokers generally report gross proceeds and must report basis for covered digital assets; noncovered assets can have a blank basis field. You still need to report taxable transactions even if you do not receive the form.
Is this calculator tax or financial advice?
No. This tool provides general estimates for informational purposes only and does not constitute tax, legal, or financial advice. Consult a tax professional for advice specific to your situation.