Crypto Tax & Profit Calculator (US)
Quickly estimate profit or loss from a single crypto trade, see how long you held the asset, and check whether it may fall under short-term or long-term capital gains for US tax classification. No login, no tracking — just a simple calculator you control.
Important Disclaimer
- This calculator is for educational estimation only and does not provide tax or investment advice.
- Crypto tax rules in the United States can change and may depend on your full financial situation.
- Always speak with a qualified CPA or tax professional before filing your taxes or making financial decisions.
Net Profit / Loss (Estimate)
Holding Period
Days between your buy date and sell date for this trade.
Tax Classification (US)
Usually, shorter holding periods may be taxed as short-term gains, longer as long-term — but final treatment depends on US tax law and your full situation.
This result is a simplified estimate based only on the numbers you entered. Actual taxable gains in the United States can depend on many additional factors, such as other crypto transactions, staking rewards, airdrops, wash sale rules, and state-level regulations. Please use this as a starting point — not a final tax calculation.
Quick FAQ: Using This Crypto Tax & Profit Calculator
How is profit or loss calculated?
We multiply your buy price by quantity, adjust for buy fees, then do the same on the sell side. The difference between total sell value and total buy cost becomes your estimated profit (positive) or loss (negative), plus a simple percentage return.
What is the difference between short-term and long-term gains?
In many US scenarios, gains on crypto held for a shorter period may be treated like regular income (short-term), while assets held longer can be eligible for long-term capital gains rates. The exact thresholds and rules can change, so always confirm with official IRS guidance or a tax professional.
Do you store or share my data?
This calculator is designed as a simple, browser-based tool. You enter numbers, see the estimate, and can clear the page anytime. Always double-check sensitive financial data before using it on any website.
Crypto Tax Guide 101: Stay Audit-Proof
Taxable Events vs. Non-Taxable Events
The IRS treats cryptocurrency as property. This means every time you spend or trade it, you are technically "selling" property.
- Taxable: Selling crypto for fiat (USD), trading one crypto for another (BTC for ETH), or buying a coffee with crypto.
- Non-Taxable: Buying crypto with USD and holding it, or transferring crypto between two of your own wallets (e.g., Coinbase to Ledger).
The "Wash Sale" Rule Loophole
In traditional stocks, you cannot sell a losing stock to claim a tax loss and then immediately buy it back (the 30-day "Wash Sale" rule). As of early 2024, this rule technically hasn't been explicitly applied to crypto by Congress, meaning some traders sell to harvest tax losses and buy back minutes later.
Warning: This regulatory gap is expected to close soon. Always act conservatively and consult a CPA.
FIFO, LIFO, or HIFO?
When calculating gains, which specific "coin" did you sell? The one you bought 5 years ago for $100, or the one you bought yesterday for $50,000?
- FIFO (First-In, First-Out): Assumes you sold the oldest coins first. Often leads to higher long-term gains.
- HIFO (Highest-In, First-Out): Assumes you sold the most expensive coins first. This minimizes your profit on paper, lowering your immediate tax bill.
Keep Records of Everything
While exchanges report to the IRS, their data is often incomplete (especially if you moved funds off-platform). You are personally responsible for proving your "Cost Basis". If you can't prove you bought Bitcoin for $50,000, the IRS might assume your cost basis is $0, and tax you on the full sale amount!