Crypto Tax Calculator
Get a clearer picture of your potential crypto tax liability. This tool provides a simplified way to estimate capital gains or losses on your cryptocurrency transactions using the First-In, First-Out (FIFO) accounting method. By manually entering your buy and sell transactions, you can see how your gains are calculated for informational purposes. This is an educational tool and is not intended for official tax filing.
Tool Interface
Disclaimer: For Educational & Illustrative Use Only
This is a simplified tool using the FIFO method. It does not account for all transaction types, fees, or specific tax laws (like the UK's 'share pooling' rule). **Do not use for official tax filing.** Always consult a qualified tax professional.
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Features
- Manually add buy and sell transactions.
- Supports multiple cryptocurrencies (e.g., BTC, ETH).
- Calculates capital gains/losses using FIFO.
- Clear summary of your estimated tax liability.
- All data is processed and stored locally in your browser.
Frequently Asked Questions
Is this tool a substitute for professional tax advice?
No. This is a simplified educational tool only. You must consult a qualified tax professional for your actual tax filing.
Which accounting method does this use?
The calculator strictly uses the First-In, First-Out (FIFO) method.
Is my transaction data saved?
All data you enter is stored only in your local browser. It is never sent to our servers. If you clear your browser data, it will be erased.