Crypto tax calculator
What will the ATO actually take? Enter your income and your crypto gains, and this estimates the tax — applying your marginal bracket, the 12-month 50% CGT discount, capital losses, and the Medicare levy. Updated for the FY 2026–27 rate cut.
Estimated tax on your crypto
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- Net capital gain (after losses)
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- Discount applied
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- Taxable gain added to income
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- Your marginal bracket
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- Incl. Medicare levy (2%)
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An estimate, not advice. Crypto tax software calculates it properly from your full history.
How the estimate works
Capital losses are applied first — against undiscounted gains before discounted ones, the order that preserves the most discount (the same ordering the ATO permits). The 50% discount then halves what remains of your over-12-month gains. That taxable gain stacks on top of your other income, so the tax shown is the difference between tax on income-plus-gain and tax on income alone — exactly the extra tax the crypto causes, including the 2% Medicare levy. Rates are resident individual brackets for the selected year; the FY 2026–27 view already includes the legislated cut of the 16% rate to 15%.
FAQ
How is crypto taxed in Australia?
For most individual investors, crypto is a CGT asset: selling, swapping one coin for another, or spending crypto triggers a capital gains event. The net capital gain joins your other income and is taxed at your marginal rate — there is no separate "crypto tax rate". Staking rewards and airdrops are typically ordinary income at their market value when received.
How does the 50% CGT discount work?
Australian resident individuals who hold an asset for more than 12 months before disposal generally discount the capital gain by 50% after applying any capital losses. Hold BTC for 13 months and sell at a $10,000 gain, and only $5,000 is added to your taxable income.
Can I deduct crypto losses?
Capital losses offset capital gains — this year's or carried forward indefinitely — but they can't offset salary income. A loss is only "realised" when you dispose of the asset; watching a coin fall without selling changes nothing at tax time.
Is this my exact tax bill?
No — it's an estimate for resident individual investors. It applies the standard brackets, full 2% Medicare levy and the 12-month discount, but not offsets (like LITO), levy reductions, HELP repayments, or trader/business treatment. Crypto tax software works it out properly across your full trade history, and an accountant can confirm the edge cases.
General information for Australian resident individual investors, not tax advice. Excludes tax offsets, Medicare levy reductions and surcharge, HELP/study loans, and trader or business treatment. Confirm your position with a registered tax agent.