How to Calculate Taxes
Step 1: Select Your Country
Choose your country from the dropdown (USA, Canada, Australia, or UK) to apply the correct tax laws and rates.
Step 2: Choose Your Input Method
- Single Trade: Enter specific purchase value, selling value, and fees for one transaction
- Multiple Trades: Enter your total gain from all crypto transactions combined
Step 3: Enter Your Transaction Details
- Select the cryptocurrency you traded
- Input your purchase value (what you spent)
- Input your selling value (what you received)
- Add any trading fees or costs
Step 4: Provide Income Information
- Enter your total annual income from all sources
- Select your state/province (if applicable)
- Choose filing status (for USA only)
Step 5: Review Your Results
The calculator instantly shows:
- Your total capital gains tax owed
- Breakdown by federal and regional taxes
- Your profit after taxes
- Effective tax rate percentage
Key Features:
- Automatically applies country-specific rules (CGT discounts, inclusion rates, allowances)
- Handles progressive tax brackets
- Shows detailed breakdowns with explanations
- All calculations done privately in your browser
Simply fill in your information and get an immediate estimate of your crypto tax obligations.
How We Estimate Capital Gains Taxes
Our calculator estimates your crypto capital gains taxes using a step-by-step approach that follows each country’s specific tax laws:
1. Calculate Your Capital Gain/Loss
- We take your selling value minus your purchase value, then subtract any fees
- This gives us your profit or loss from the crypto transaction
2. Apply Country-Specific Rules
- USA: Uses progressive capital gains rates (0%, 15%, 20%) based on your total income
- Canada: Applies a 50% inclusion rate – only half your gains are taxable, then taxed at your marginal income tax rate
- Australia: Offers a 50% CGT discount for assets held over 12 months, then taxes at your marginal rate
- UK: Provides a £3,000 annual allowance, then applies 18%/24% rates based on your income level
3. Calculate Federal and Regional Taxes
- We compute federal taxes using the appropriate rates and brackets
- For countries with regional taxes (USA states, Canadian provinces), we add those calculations
- Countries like UK and Australia have no regional capital gains taxes
4. Show Your Bottom Line
- Total tax owed across all jurisdictions
- Your profit after taxes
- Effective tax rate as a percentage
The calculator handles the complex progressive tax structures and country-specific rules automatically, so you just need to enter your transaction details and income information to get an accurate estimate.
Data Collection & Privacy: Crypto Tax Calculator
Our crypto tax calculator does not collect, store, or share any personal data. All information entered is processed locally in your browser and is not saved on our servers. Once you leave or refresh the page, any data you entered is automatically erased.