Crypto & tax · TX
Texas Crypto Tax Calculator
Estimate your 2025 federal and Texas 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
TX state tax$0
total gains
$11,000
estimated tax
$1,860
effective rate
16.9%
Crypto capital-gains tax in Texas
Texas has no state income tax, so your take-home pay is higher than in most states and crypto gains face no state tax. Revenue instead comes largely from sales and property taxes.
Common questions
How is crypto taxed in Texas?
At the federal level, crypto is property and gains are taxed as short- or long-term capital gains. At the state level, Texas imposes no state tax on crypto capital gains; you owe only federal capital-gains tax.
Does Texas have a lower rate for long-term crypto gains?
Texas 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 Texas 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 Texas state treatment is simplified here — verify with the state Department of Revenue and a tax professional.