Free · 2025 brackets · Short & long term

Crypto Tax
Calculator

Estimate the tax on your crypto gains — short-term vs long-term, with the 2025 rates.

Short vs long term 0% / 15% / 20% Net gains
Share:
Advertisement

Your crypto & income

Realized gains (after cost basis)
Uses the 2025 long-term brackets (0/15/20%) and your marginal rate for short-term gains. State tax not included — verify with tax software.

Your crypto tax

Estimated tax on gains
$4,210
on $25,000 of gains
Short-term
$1,190
Long-term
$3,000
Effective
16.8%
Long-term rate15%
Short-term rate (marginal)22%
Net gains after tax$20,790
Holding crypto over 1 year moves gains to the lower long-term brackets. Selling sooner means your ordinary income rate — often 22–35%.
Advertisement

Hold for the long term

Gains held over 1 year drop from your ordinary rate (22–37%) to 0/15/20%. The timing is worth thousands.

Swaps are taxable

Every crypto-to-crypto trade is a realized event. Track your cost basis carefully — it determines your gains.

Losses help

Realized losses offset gains, and up to $3,000/year can reduce ordinary income. Tax-loss harvesting is a real strategy.

Advertisement
FAQ

Crypto tax FAQ

How is crypto taxed?
In the US, crypto is treated as property. Selling, swapping or spending it triggers a capital gain or loss. Gains held over a year are taxed at long-term capital gains rates (0/15/20%); under a year at your ordinary income rate.
What is short-term vs long-term crypto gain?
Short-term means you held the asset 1 year or less — taxed at your marginal income tax rate. Long-term means over 1 year — taxed at the lower 0%, 15% or 20% capital gains brackets.
Do I pay tax when I trade crypto for crypto?
Yes. A crypto-to-crypto swap is a taxable event: you realize a gain or loss based on fair market value at the time of the trade.
What are the 2025 long-term capital gains brackets?
For single filers: 0% up to $48,350 of taxable income, 15% up to $533,400, then 20%. Married filing jointly doubles the 0% threshold to $96,700.
Is staking or mining income taxable?
Yes. Staking rewards and mined coins are taxed as ordinary income at their fair market value when received, then as capital gains when later sold.
Can I offset gains with losses?
Yes — realized losses offset gains. If losses exceed gains, up to $3,000 can offset ordinary income each year, and the rest carries forward.
Do I owe tax if I just hold crypto?
No. Merely holding is not taxable. Tax is triggered by a taxable event — selling, swapping, spending or gifting above limits.
How accurate is this crypto tax calculator?
It gives a solid estimate for US federal capital gains with the 2025 brackets and standard deduction. State taxes and specific cost-basis methods (FIFO, LIFO, specific ID) can change the result — verify with a professional or tax software.
Advertisement