🧰 UtlKit

Crypto Tax Calculator

Calculate capital gains tax on cryptocurrency transactions

Transaction #1
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📊 Data Summary (auto-filled)

Tool: Crypto Tax Calculator · /tools/crypto-tax/

transactions: 1

shortTermRate: 37

longTermRate: 15

What is this tool?

The Crypto Tax Calculator estimates your capital gains tax liability from cryptocurrency transactions. Enter buy price, sell price, quantity, and hold period for each trade. It distinguishes between short-term gains (held less than one year) taxed at ordinary income rates and long-term gains (held over one year) taxed at preferential rates.

How to use

  1. 1

    Add your trades

    Enter buy price, sell price, quantity, and whether it is short-term or long-term for each transaction.

  2. 2

    Set tax rates

    Input short-term and long-term capital gains tax rates for your jurisdiction.

  3. 3

    View tax summary

    See per-transaction gains/losses, total tax liability, and a breakdown by short-term vs long-term.

Frequently Asked Questions

What is the difference between short-term and long-term gains?

Short-term gains are from assets held less than 1 year, taxed at your ordinary income tax rate. Long-term gains are from assets held 1+ years, taxed at preferential rates (often 0%, 15%, or 20% in the US).

Does this handle tax loss harvesting?

Yes—the calculator nets gains and losses. If losses exceed gains, you can potentially deduct up to $3,000/year against ordinary income (US rules), with excess carried forward.

Is this tax advice?

No, this is an educational calculator. Tax laws vary by jurisdiction and change frequently. Always consult a qualified tax professional for your specific situation.