Comprehensive Guide
Learn more in our Investing Guide.
How it works
crypto profit & tax calculator takes your inputs and produces total cost basis, total sale revenue, gross profit, tax owed, net profit after tax. Calculate crypto profits, capital gains tax, and net returns from trading and investing. You provide 5 inputs: Purchase price per coin ($) (currency, in dollars) (default: 30000 dollars); Sale price per coin ($) (currency, in dollars) (default: 45000 dollars); Number of coins (number) (default: 0.5); Holding period (months) (number) (default: 14); Tax rate (%) (percent, in percent) (default: 15 percent). The calculator returns 5 outputs: Total cost basis (a secondary output); Total sale revenue (a secondary output); Gross profit (a secondary output); Tax owed (a secondary output); Net profit after tax (the primary result). Investment calculations rest on a few variables — principal, return rate, time, and compounding — but their interaction is non-linear enough that intuition alone gets the answer wrong more often than not. This tool runs the real formula with your inputs and shows the numbers that matter, not the rounded approximations from a textbook. The underlying formula: Gross profit = (Sell price − Buy price) × Quantity. Tax = Gross profit × Tax rate. Net = Gross profit − Tax. With the default values, net profit after tax is computed from the interaction of every input field — change any one of them and the result updates immediately, so you can stress-test different scenarios without re-entering the whole form. Adjust the inputs to match your real financial situation. The defaults are realistic starting points, but every person's circumstances differ — your actual income, expenses, rates, and timelines will produce a different answer. Use the tool iteratively: start with the defaults, then change one variable at a time to see which factor has the largest impact on your outcome.Formula
Gross profit = (Sell price − Buy price) × Quantity. Tax = Gross profit × Tax rate. Net = Gross profit − Tax.
Tips
- Hold crypto for 1+ year to qualify for lower long-term capital gains rates.
- Track cost basis carefully — you need this for tax reporting.
- Tax-loss harvesting works for crypto too (sell losses to offset gains).
- Use crypto tax software (CoinTracker, Koinly, TaxBit) for complex portfolios.
Frequently asked questions
Do I pay taxes on crypto?
Yes — crypto is taxable. Selling, trading, or spending crypto triggers capital gains tax. Staking rewards are taxed as income when received. Mining income is taxed as ordinary income. Report on Schedule D and Form 8949.
How do I minimize crypto taxes?
Hold for 1+ year (long-term rates). Harvest losses to offset gains. Use tax-advantaged accounts where possible (Bitcoin ETFs in IRA). Donate appreciated crypto to charity (deduction + no capital gains).
What does the crypto profit & tax calculator calculate?
It takes purchase price per coin ($), sale price per coin ($), number of coins, holding period (months), tax rate (%) as inputs and computes total cost basis, total sale revenue, gross profit, tax owed, net profit after tax. The primary output is net profit after tax. Calculate crypto profits, capital gains tax, and net returns from trading and investing.