TALLIVO
toolsabout
Your numbers will appear here as you use the tools.
home / crypto tax / south carolina
Crypto & tax · SC

South Carolina Crypto Tax Calculator

Estimate your 2025 federal and South Carolina 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
$2,520
short-term gains$3,000
long-term gains$8,000
short-term tax$660
long-term tax$1,200
SC state tax$660
total gains
$11,000
estimated tax
$2,520
effective rate
22.9%

Crypto capital-gains tax in South Carolina

South Carolina's top rate fell from 6.2% to 6.0% for tax year 2025 under a budget proviso accelerating the state's scheduled cuts; the first $3,560 of taxable income is untaxed and a 3% band runs to $17,830, with the same schedule for all filing statuses. The state uses the federal standard deduction. Capital gains are taxed as ordinary income, but 44% of net long-term gains are deductible, so this estimate overstates tax on large gains.

Common questions

How is crypto taxed in South Carolina?
At the federal level, crypto is property and gains are taxed as short- or long-term capital gains. At the state level, South Carolina taxes crypto capital gains as ordinary income — the same rate as your wages, with no long-term discount.
Does South Carolina have a lower rate for long-term crypto gains?
No — unlike the federal system, South Carolina 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 South Carolina state treatment of capital gains. Estimates only — not tax advice.

Tax Foundation: 2025 state income tax rates →South Carolina Dept. of Revenue →
Related calculators
CryptoCrypto Investing CalculatorHomeMortgage CalculatorMoneyPaycheck CalculatorMoneyIncome Tax Calculator

Estimates for general informational purposes only; not tax advice. Crypto tax rules are complex and South Carolina state treatment is simplified here — verify with the state Department of Revenue and a tax professional.