Crypto tax in USA
Rules verified in September 2026.
Short term
10–37%
Long term
0–20%
Holding period
> 365 days
Annual allowance
Not applicable
Legislation
IRS Notice 2014-21 / Rev. Rul. 2023-14
In short
The IRS classifies crypto as 'property'. Short-term gains (< 1 year) are taxed at the ordinary income marginal rate (up to 37%). Long term: 0%, 15% or 20% depending on income. Additional FBAR/FinCEN reporting obligation.
Key points
- 0–20% for long term (>1 year)
- 10–37% for short term
- Every crypto-to-crypto swap is a taxable event
- Declare via Form 8949 + Schedule D
- Staking/mining = ordinary income
Calculate on your own history
The rate is only half the problem. To file, you need to match each disposal to the right acquisition under FIFO, convert to your currency at the date of each transaction, and separate short-term from long-term. ChainFolioAI does this from your transactions — connect wallets read-only or import a CSV from your exchange — and exports to PDF or Excel.
Other countries
⚠️ General information, not tax advice. Rules change and your situation may have specifics (residency, professional activity, staking, mining). Confirm with an accountant or your tax authority before filing.