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

Utah Crypto Tax Calculator

Estimate your 2025 federal and Utah 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
$2,355
short-term gains$3,000
long-term gains$8,000
short-term tax$660
long-term tax$1,200
UT state tax$495
total gains
$11,000
estimated tax
$2,355
effective rate
21.4%

Crypto capital-gains tax in Utah

Utah's flat rate for tax year 2025 is 4.50% — House Bill 106 (March 2025) cut it from 4.55%, retroactive to January 1, 2025. Utah has no conventional standard deduction or personal exemption; it instead offers a taxpayer tax credit that phases out with income, which this estimate does not model, so lower earners may owe slightly less than shown.

Common questions

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

Tax Foundation: 2025 state income tax rates →Utah State Tax Commission →
Related calculators
CryptoCrypto Investing CalculatorHomeMortgage CalculatorMoneyPaycheck CalculatorMoneyIncome Tax Calculator

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