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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 $11,000599

    $11,001 600 to $44$47,725149

    $44$47,726 150 to $95$100,375524

    $95$100,376 525 to $182$191,100949

    $182$191,101 950 to $231$243,250724

    $231$243,256 725 to $578$609,125350

    $578$609,125 351 and up

    HOH

    $0 to 1516,700549

    $15$16,701 550 to $59$63,850099

    $59$63,851 100 to $95$100,350499

    $95$100,351 500 to $182$191,100949

    $182$191,101 950 to $231$243,250699

    $231$243,251 700 to $578$609,100349

    $578$609,100 350 and up

    MFJ/QW

    $0 to $22$23,000199

    $22,001 to $89,450

    $89,451 to $190,750

    $190,751 to $364,200

    $364,201 to $462,500

    $462,501 to $693,750

    $693,751 and up

    MFS

    $0 to $11,000

    $11,001 to $44,725

    $44,726 to $95,375

    $95,376 to $182,100

    $182,101 to $231,250

    $231,256 to $578,125

    $578,125 $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

    Long Term Transactions

    Long term gains (assets held greater than one year) are taxed at a lower rate of either 0-20%.

    *Numbers published in this chart are for tax year 2024.

    Filing Status

    0%

    15% Tax Rate

    20% Tax Rate

    Single

    $0 to $44$47,625025

    $44$47,626 026 to $492$518,300900

    $492$518,301 901 and up

    HOH

    $0 to $59$63,750000

    $59$63,751 001 to $523$551,050350

    $523$551,051 351 and up

    MFJ/QW

    $0 to $89$94,250050

    $89$94,251 051 to $553$583,850750

    $553$583,851 751 and up

    MFS

    $0 to $44$47,625025

    $44$47,626 026 to $492$291,300850

    $492$291,301 850 and up

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    Related Articles

    Form 8949/1099-B
    Entering a Sale of Stock or Digital Asset on Form 8949