Crypto & tax · FL
Florida Crypto Tax Calculator
Estimate your 2025 federal and Florida state tax on crypto capital gains, with FIFO, LIFO, or HIFO cost basis.
Cost-basis method — changes which lots are sold
Transactions4
$
$
$
$
Filing status
Other taxable income Excluding crypto
$
Estimated tax owedFIFO
$1,860
short-term gains$3,000
long-term gains$8,000
short-term tax$660
long-term tax$1,200
FL state tax$0
total gains
$11,000
estimated tax
$1,860
effective rate
16.9%
Crypto capital-gains tax in Florida
Florida has no state income tax, so wages and crypto gains are free of state tax and your take-home is higher than in most states. The state relies on sales and tourism-related taxes instead.
Common questions
How is crypto taxed in Florida?
At the federal level, crypto is property and gains are taxed as short- or long-term capital gains. At the state level, Florida imposes no state tax on crypto capital gains; you owe only federal capital-gains tax.
Does Florida have a lower rate for long-term crypto gains?
Florida has no state income tax, so there's no separate state rate at all — only the federal 0/15/20% long-term rates apply.
How we calculate this
Federal lot-matching per our crypto-tax methodology, plus 2025 Florida state treatment of capital gains. Estimates only — not tax advice.
Estimates for general informational purposes only; not tax advice. Crypto tax rules are complex and Florida state treatment is simplified here — verify with the state Department of Revenue and a tax professional.