Using the Crypto Tax — USA Calculator
Enter your inputs above and compare the result with the worked example. Review the assumptions before applying it to a trade, portfolio or tax return.
Worked example
Use the example inputs below to reproduce this result. These are the form's starting values, not recommended targets. Changing your inputs updates your result above; this worked example stays fixed for comparison. Results are rounded for display.
Example inputs
- Net short-term gains or losses (USD)
- 3000
- Net long-term gains or losses (USD)
- 7000
- Assumed short-term marginal rate (%)
- 24
- Assumed long-term marginal rate (%)
- 15
Example result
- Estimated federal tax (USD)
- 1,770
- Taxable short-term gain (USD)
- 3,000
- Taxable long-term gain (USD)
- 7,000
- Net capital loss before deduction (USD)
- 0
Method and assumptions
Net each holding period first. If one period has a loss, use it against gains in the other period. Apply your estimated marginal rates to the remaining gains. Enter relevant other capital gains or losses if modeling your full Schedule D. This estimate excludes bracket stacking, state tax, NIIT and any capital-loss deduction.
Reference: irs.gov — method and further reading
How to interpret crypto estimates
Use prices and costs in the same currency. Market observations are venue-specific. Hypothetical returns are scenarios, and historical observations do not predict future prices. These tools provide educational estimates and do not constitute investment or tax advice.
Common question
What counts as a long-term disposal in the U.S.?
An investment asset generally needs to be held for more than one year to qualify. Include each sale in the appropriate holding-period total.