Crypto Tax Estimator
Enter your crypto trade details and taxable income to estimate US federal capital gains tax owed on short-term and long-term gains.
Use the Crypto Tax Estimator
Trade Details
Short-term = held ≤1 year | Long-term = held >1 year
Your Taxable Income
Used to determine your capital gains rate. Enter your total taxable income for the year (single filer).
2024 Long-term rates (single filer):
- 0% — income up to $47,025
- 15% — $47,026 to $518,900
- 20% — above $518,900
Enter trade details and click Calculate
Your estimated US federal capital gains tax will appear here.
Capital Gain / Loss Summary
Cost Basis
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Proceeds
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Capital Gain
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Estimated Federal Tax
Holding Period
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Tax Rate Applied
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Estimated Federal Tax Owed
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Effective Rate on Gain
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After-Tax Outcome
Total Proceeds
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Est. Tax
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Net Keep
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Federal tax estimate only. State taxes, AMT, and other factors are not included. Consult a tax professional for personalized advice.
Summary
The Crypto Tax Estimator calculates your estimated US federal capital gains tax on cryptocurrency trades. Enter the purchase price, sale price, quantity sold, and whether you held the asset for more or less than one year. The tool applies the correct short-term (ordinary income) or long-term (0%, 15%, or 20%) tax rate based on your annual taxable income bracket.
How it works
- Enter the purchase price (cost basis) per coin and the sale price per coin.
- Enter the number of coins sold.
- Select whether the holding period is short-term (under 1 year) or long-term (1 year or more).
- Enter your estimated annual taxable income so the tool can pick the correct tax bracket.
- The tool calculates total gain or loss and the estimated federal tax owed.
Use cases
- Estimate tax liability before selling a cryptocurrency position.
- Compare tax owed on short-term versus long-term sales.
- Plan the best time to sell to qualify for long-term capital gains rates.
- Run multiple trade scenarios to minimize total tax bill.
- Get a rough estimate before meeting with a tax professional.
- Understand how your income bracket affects your crypto tax rate.