Tax Estimator

Crypto Tax Calculator

Estimate your crypto capital gains taxes. Add buy/sell transactions, choose your cost basis method (FIFO, LIFO, HIFO), and see your tax liability with short-term vs long-term classification.

1 Tax Settings

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Determines your tax bracket for short-term gains
First In, First Out — sells oldest coins first

2 Add Transactions

Add your buy and sell transactions. The calculator will match buys to sells using your chosen cost basis method.

Tax Summary

Estimated Tax
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Total Gains
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Total Losses
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Net Capital Gain
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Short-Term Gains
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Long-Term Gains
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Loss Carryforward
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To next tax year

Cost Basis Method Comparison

Same trades, different methods — see which saves you the most:

Trade-by-Trade Breakdown

#Date SoldAssetQtyProceedsCost BasisGain/LossHoldingType

Tax Optimization Tips

Disclaimer: This calculator provides estimates for educational purposes only. Tax laws vary by jurisdiction and change frequently. This is NOT tax advice. Consult a qualified tax professional for your specific situation. Capital gains calculations may differ based on your country's specific rules around wash sales, like-kind exchanges, and reporting requirements.

Frequently Asked Questions

How are crypto taxes calculated?
Crypto is taxed as property. Capital gain = Sell Price - Cost Basis. FIFO/LIFO/HIFO determine which cost basis to use. Gains held over 1 year get long-term rates (0-20% US), under 1 year get income rates (10-37%).
What is FIFO vs LIFO vs HIFO?
FIFO sells oldest coins first (often long-term gains). LIFO sells newest (may create short-term losses). HIFO sells highest-cost-basis first (minimizes current tax). HIFO is usually most tax-efficient.
Do I pay taxes on unrealized gains?
No. Tax only applies when you dispose of crypto (sell, trade, spend). Holding crypto that increased in value is not taxable. Mining/staking/airdrop income is taxed when received.
Can I deduct crypto losses?
Yes. Losses offset gains. In the US, net losses up to $3,000/year can offset ordinary income. Remaining losses carry forward to future years. Tax-loss harvesting is a key strategy.
What crypto events are taxable?
Taxable: sell for fiat, trade crypto-to-crypto, spend on goods, receive as income. Non-taxable: buy with fiat, wallet-to-wallet transfer, gifting (below limits), holding.

Affiliate disclosure: trader-abyss earns commissions when readers open trading accounts or use the tools referenced here. Tracking is rel=sponsored and does not affect editorial coverage.