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Multiple Methods
Supports FIFO, LIFO, and specific lot accounting methods to optimize your tax strategy
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Educational
Learn about crypto taxes with our guides and understand how different methods affect your liability
Frequently Asked Questions
What is FIFO vs LIFO for crypto taxes?
FIFO (First In, First Out) means you sell your oldest coins first. LIFO (Last In, First Out) means you sell your newest coins first.
Different methods can result in different tax liabilities depending on price movements.
How are crypto taxes calculated?
Crypto taxes are calculated based on your capital gains or losses. You subtract your cost basis (what you paid)
from your proceeds (what you sold for). The difference is either a capital gain (taxable) or loss (may be deductible).
Do I pay taxes on crypto-to-crypto trades?
Yes, crypto-to-crypto trades are taxable events. You must calculate the capital gain or loss based on the fair market value
of the coins at the time of the trade in your local currency.
What's the difference between short-term and long-term crypto taxes?
Short-term capital gains (assets held less than 1 year) are taxed at your ordinary income tax rate.
Long-term capital gains (assets held 1 year or more) typically have lower tax rates (0%, 15%, or 20% depending on income).