Crypto Tax Estimator
Estimate capital gains tax on your cryptocurrency profits based on your country, holding period, and income level.
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How to use this calculator
- 1
Select your country of tax residence.
- 2
Enter your total realised crypto profit or capital gain for the tax year.
- 3
Choose your holding period — short-term (under 1 year) or long-term (1 year or more).
- 4
Enter your annual gross income excluding crypto gains so the correct tax bracket can be applied.
- 5
Review the estimated tax, effective rate, and net profit after tax.
Frequently asked questions
Do I pay tax on crypto if I haven't sold?
In most countries, crypto is only taxed when you dispose of it — selling, trading, or using it to buy goods counts as a disposal. Simply holding crypto in a wallet is not a taxable event.
What is the difference between short-term and long-term crypto tax in the US?
In the US, crypto held for less than one year is taxed as ordinary income at your marginal bracket (up to 37%). Crypto held for one year or more qualifies for long-term capital gains rates of 0%, 15%, or 20%, resulting in significant tax savings for long-term holders.
Is crypto taxed in India regardless of holding period?
Yes. Under Indian tax law, all gains from Virtual Digital Assets (VDAs), including crypto, are taxed at a flat 30% plus 4% cess (effective 31.2%), regardless of how long you held the asset. Losses cannot be offset against other income.
What is the CGT allowance in the UK?
For the 2024/25 tax year, the annual Capital Gains Tax allowance is £3,000. Gains below this threshold are tax-free. Above the allowance, basic rate taxpayers pay 10% and higher rate taxpayers pay 20% on crypto gains.
Does Canada have long-term vs short-term crypto tax rates?
Canada does not distinguish between short-term and long-term capital gains. All capital gains have a 50% inclusion rate, meaning half your gain is added to your taxable income and taxed at your marginal federal rate.
Crypto Tax Estimator — Calculate Capital Gains Tax on Cryptocurrency
How crypto is taxed around the world
Cryptocurrency tax treatment varies significantly by country. In the United States, short-term gains (held under a year) are taxed as ordinary income at rates up to 37%, while long-term gains attract preferential rates of 0%, 15%, or 20%. High earners also face a 3.8% Net Investment Income Tax. In the UK, gains above the £3,000 annual allowance are taxed at 10% or 20% depending on your income band. India applies the most straightforward rule: a flat 31.2% on all VDA gains regardless of holding period. Canada taxes 50% of all capital gains at your marginal rate, and Australia offers a 50% discount on gains from assets held longer than 12 months.
Strategies to reduce your crypto tax bill legally
Tax-loss harvesting — selling assets at a loss to offset gains — is one of the most effective strategies in the US, UK, Canada, and Australia. In the US, holding assets for at least one year before selling switches gains to the lower long-term rate. UK residents can make use of the annual CGT allowance by spreading disposals across tax years. Australian investors can time their sales to benefit from the 12-month CGT discount. In India, options are more limited due to the flat tax rate and restrictions on loss offsets.
What counts as a taxable crypto event?
A taxable crypto event is any disposal of cryptocurrency. This includes selling crypto for fiat currency, swapping one cryptocurrency for another (e.g. Bitcoin for Ethereum), using crypto to pay for goods or services, and receiving crypto as payment for work. Receiving crypto as a gift, mining rewards, or staking income may also be taxable at the point of receipt in some jurisdictions. Simply holding crypto or moving it between your own wallets is not a taxable event.
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Results are estimates for informational purposes only and do not constitute professional financial, medical, legal, or technical advice. Read full disclaimer →