Ohio Crypto Tax Calculator

We built this free crypto tax calculator for residents of Ohio 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.

Ohio taxes capital gains as regular income, with rates ranging from 0% to 3.5%. To calculate Federal taxes, please use our USA tax calculator.






Ohio Tax Brackets (2024)

Taxable Income Tax Rate
$0 to $26,050 0%
$26,050 to $100,000 2.75%
Over $100,000 3.5%

Note: Same brackets apply to both single filers and married filing jointly.

Cryptocurrency Taxation in Ohio

Key Points

  • Progressive Taxation: Ohio taxes crypto gains at rates from 0% to 3.5%.
  • Same Brackets for All: Tax brackets are the same for single and married filers.
  • No Distinction: Ohio makes no distinction between short-term and long-term gains.
  • Mining Income: Crypto mining is treated as self-employment income and taxed at regular income rates.

Common Tax Situations

Trading & Investment

All crypto trades, including crypto-to-crypto transactions, are taxable events. Gains are taxed based on your total income bracket.

Tax Planning Tips

Consider timing your crypto sales to manage your tax bracket position, particularly around the $26,050 and $100,000 thresholds. Keep detailed records of all transactions for accurate reporting.