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In recent tax years the IRS has become increasingly invested in ensuring that taxpayers are paying the appropriate taxes on their digital assets.

The official IRS definition of digital assets includes:

  • Virtual currency (Bitcoin, Ethereum, etc)

  • Nonfungible tokens (NFTs)

  • Tokenized assets

  • Stable coins

  • Security tokens

    • Any other assets that are digital and have value, established ownership, and are discoverable

    The tables shown here contain the rates at which capital gains are taxed for the tax year.

    Capital gains occur when a taxpayer sells an asset for more than their adjusted basis. Examples of this include,

    • Sales of stock

    • Sales of property (such as their home, car, RV, land, etc.)

    • Sales of digital assets (such as Bitcoin, Ethereum, Dogecoin, Litecoin)

    Short Term Transactions

    Short term capital gains (assets held less then one year) are taxed up to 37% as ordinary income.

    *Numbers published in this chart are for tax year 20232024.

    Filing Status

    10% Tax rate

    12% Tax Rate

    22% Tax Rate

    24% Tax Rate

    32% Tax Rate

    35% Tax Rate

    37% Tax Rate

    Single

    $0 to $11,599

    $11,600 to $47,149

    $47,150 to $100,524

    $100,525 to $191,949

    $191,950 to $243,724

    $243,725 to $609,350

    $609,351 and up

    HOH

    $0 to 16,549

    $16,550 to $63,099

    $63,100 to $100,499

    $100,500 to $191,949

    $191,950 to $243,699

    $243,700 to $609,349

    $609,350 and up

    MFJ/QW

    $0 to $23,199

    $23,200 to $94,299

    $94,300 to $201,049

    $201,050 to $383,899

    $383,900 to $487,449

    $487,450 to $731,199

    $731,200 and up

    ...