Tax Tool

Crypto Tax Calculator

Estimate capital gains, tax owed, and net profit on crypto trades. For informational use only — consult a tax professional.

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Important: The Crypto Tax Calculator is an educational estimate only. Actual tax liability depends on your jurisdiction, holding period, accounting method (FIFO, LIFO, HIFO, etc.), income bracket, and many other factors. Always consult a qualified tax professional.

Trade Inputs

Compute an estimated capital gain, fees, and tax owed for a single transaction.

Use short-term cap-gain / income rate. Long-term rates are lower.
Trading Fees
Estimated Tax
Net Profit After Tax
Effective Tax Rate
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Tax summary

Enter trade details above to see your estimated gain, fee, and tax.

How This Calculator Works

Capital-gain tax is normally calculated as the gain realised when you sell an asset. For a single trade, the gain equals the sale proceeds (sell price × quantity) minus the cost basis (buy price × quantity) minus any fees you paid. The resulting number is the taxable gain, and you multiply it by your applicable long-term or short-term tax rate.

Our simplified model uses a single trade, a single fee percentage applied to both sides, and one tax rate. Real-world reporting requires per-lot cost basis tracking, often with FIFO or specific identification. Your actual liability is the sum of all taxable events across the year, reduced by losses, exemptions, and deductions.

Formulas

Proceeds = sell × qty; Cost basis = buy × qty; Fee = (proceeds + cost basis) × (fee% ÷ 100); Capital gain = proceeds − cost basis − fee; Estimated tax = max(0, capital gain × tax% ÷ 100); Net profit = capital gain − estimated tax.

Example Calculation

Buy 1.5 BTC at $20,000 ($30,000 cost basis) and sell at $35,000 ($52,500 proceeds) with 0.20% in fees. Fees = $165; taxable gain = $52,500 − $30,000 − $165 = $22,335. At a 25% short-term rate, the estimated tax is $5,584, leaving a net profit of $16,751.

Important Notes

  • This is an estimate for informational purposes only — not tax advice.
  • Many jurisdictions distinguish short-term vs long-term gains, often with very different rates. Long-term rates are usually more favourable after a 1-year holding period.
  • Tax-loss harvesting, deductions, exemptions, and credits can change the final number dramatically.
  • Wash-sale rules for crypto vary by jurisdiction and may apply after a future rule update.
  • Income from staking, airdrops, mining, and interest is taxed differently than capital gains in many places.

Frequently Asked Questions

No. For multi-lot reporting, use a dedicated tax software that supports FIFO, LIFO, HIFO, or specific identification per your jurisdiction.
Often no — it is taxed as ordinary income at receipt in many jurisdictions, then subject to capital gains later when you sell.
None. The formula is generic. Apply your local rate and rules.
Filing and reporting rules vary by jurisdiction. Many countries require disclosure of crypto activity even if no tax is owed.

Disclaimer

The calculators on CryptoCorax provide educational estimates only. They are not financial, investment, legal, or tax advice. Cryptocurrency markets are volatile; past performance does not guarantee future results. Always do your own research and consult a qualified professional before making financial decisions. See the full Disclaimer.