New York Crypto Tax Calculator
We built this free crypto tax calculator for residents of New York who want to check calculations quickly. Our calculator is for informational purposes only. Please consult a CPA or tax professional. Use cryptocurrency tax accounting software if you have lots of trades.
New York taxes short-term and long-term gains at the same rate. To calculate Federal taxes, please use our USA tax calculator.
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Use Koinly to import your transactions and calculate your taxes.
Calculate for freeHow to Use the Tax Calculator
- Enter your total income: This should be your annual income excluding any capital gains from crypto.
- Enter the Total Cost of First Purchase: This is the initial amount you spent to buy the cryptocurrency.
- Enter the Amount of Sale: This is the total amount you received when you sold the cryptocurrency.
- Select your Filing Status: Choose from the dropdown based on your tax filing status.
- Click on the Calculate Tax button to get the estimated tax on your capital gains.
Note: This is an estimation and may not reflect your actual tax liability. Always consult with a tax professional when filing your taxes.
Single Tax Brackets
| Rate | Income Range |
|---|---|
| 4% | $0 – $8,500 |
| 4.5% | $8,500 – $11,700 |
| 5.25% | $11,700 – $13,900 |
| 5.9% | $13,900 – $21,400 |
| 6.21% | $21,400 – $80,650 |
| 6.49% | $80,650 – $215,400 |
| 6.85% | $215,400 – $1,077,550 |
| 9.65% | $1,077,550 – $5,000,000 |
| 10.3% | $5,000,000 – $25,000,000 |
| 10.9% | $25,000,000+ |
Married Filing Jointly Tax Brackets
| Rate | Income Range |
|---|---|
| 4% | $0 – $17,150 |
| 4.5% | $17,150 – $23,600 |
| 5.25% | $23,600 – $27,900 |
| 5.9% | $27,900 – $43,000 |
| 6.21% | $43,000 – $161,550 |
| 6.49% | $161,550 – $323,200 |
| 6.85% | $323,200 – $2,155,350 |
| 9.65% | $2,155,350 – $5,000,000 |
| 10.3% | $5,000,000 – $25,000,000 |
| 10.9% | $25,000,000+ |