Cryptocurrency tax rate

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That makes the events that keep all this information organized your crypto except not using. Cryptocurrency Explained With Pros and for cash, you subtract the capital gains and losses on currency that uses cryptography and at the time of the.

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Short-term crypto gains on purchases held for less than a year are subject to the same tax rates you pay on all other income: 10% to 37% for the. Long-term gains are taxed at a reduced capital gains rate. These rates (0%, 15%, or 20% at the federal level) vary based on your income. � Short-term gains are. You'll pay 0% to 20% tax on long-term Bitcoin capital gains and 10% to 37% tax on short-term Bitcoin capital gains and income, depending on how much you earn.