Crypto Tax Calculator 2026

Federal income tax on cryptocurrency: long-term vs short-term capital gains, mining and staking ordinary income at FMV on receipt, the §408(m) 28% collectibles cap for NFTs, plus context on the wash-sale exemption and Form 1099-DA.

Guidance, not advice. This calculator runs the rules as published, it doesn't assess your circumstances. Your actual tax may be affected by factors it doesn't cover (deductions, credits, filing status nuances, state-specific adjustments). Always seek financial or tax advice from a qualified CPA, Enrolled Agent, or tax attorney, or contact the IRS. Read our editorial scope →

Your disposition

Federal estimate for TY 2026. Holding > 365 days → preferential LTCG rate. Mining/staking add ordinary income at FMV when tokens are received.

Filing status

Crypto type

Acquisition cost (basis)

Sale proceeds (FMV at disposition)

Holding period (days)

Long-term (> 365 days)

Other taxable income

Your estimated federal tax

Long-term capital gain (15% bracket)

Gain / (loss)

$7,000

Receipt-event income

Tax on receipt

Tax on disposition

$1,050

Total federal tax

$1,050

Wash-sale rule does NOT apply to crypto

Unlike stocks under §1091, you can currently sell crypto at a loss and immediately repurchase without disallowance. Several legislative proposals would extend §1091 to digital assets — watch the rule before assuming it persists.

Form 1099-DA reporting (new for 2025)

US digital-asset brokers must issue Form 1099-DA beginning with 2025 dispositions (gross proceeds for 2025; cost-basis reporting phased in for 2026). Reconcile your own records against the broker's 1099-DA — discrepancies are the #1 IRS letter trigger.

Wash-sale rule (§1091) does NOT currently apply to crypto — selling at a loss and immediately repurchasing remains deductible (subject to future legislation).

Brokers must issue Form 1099-DA starting with 2025 transactions; cost-basis reporting phases in for 2026.

Tax year 2026 · USD · OBBBA permanent law

Formula: Gain = proceeds − basis. Long-term (>365d) at 0/15/20% LTCG; short-term, mined, staked at ordinary marginal rates; NFT collectibles capped at 28% if long-term.

Assumptions

Federal income tax only — no state, NIIT, or self-employment tax overlay (mining as a trade/business also owes 15.3% SE tax).
Mined/staked basis steps up to FMV at receipt; double-taxation avoided.
Holding period uses the day-after-acquisition convention; > 365 days = long-term.
Wash-sale rule (§1091) is not applied to crypto under current law.
Form 1099-DA reporting begins with TY 2025 dispositions (gross proceeds), with cost-basis reporting phased in for 2026.

Estimates only — not tax advice. Brackets, deductions and thresholds reflect the locked 2026 federal configuration. State amounts use each state's posted 2026 top-line rules and may differ from a full state-form computation. Always confirm complex situations with a qualified CPA, EA, or tax attorney.