Crypto & tax · OH
Ohio Crypto Tax Calculator
Estimate your 2025 federal and Ohio 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
$2,163
short-term gains$3,000
long-term gains$8,000
short-term tax$660
long-term tax$1,200
OH state tax$303
total gains
$11,000
estimated tax
$2,163
effective rate
19.7%
Crypto capital-gains tax in Ohio
Ohio's income tax for 2025: income under $26,050 is untaxed, then 2.75% up to $100,000 and 3.125% above (lowered retroactively from 3.5% by the 2025 budget, on the way to a flat 2.75% in 2026). Capital gains and crypto are taxed as ordinary income.
Common questions
How is crypto taxed in Ohio?
At the federal level, crypto is property and gains are taxed as short- or long-term capital gains. At the state level, Ohio taxes crypto capital gains as ordinary income — the same rate as your wages, with no long-term discount.
Does Ohio have a lower rate for long-term crypto gains?
No — unlike the federal system, Ohio does not give long-term gains a preferential state rate; they're taxed the same as short-term gains.
How we calculate this
Federal lot-matching per our crypto-tax methodology, plus 2025 Ohio 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 Ohio state treatment is simplified here — verify with the state Department of Revenue and a tax professional.