Crypto Tax Basics: Proceeds Minus Basis
Educational capital-gain tax worksheet using proceeds, basis, and a rate you enter. Not IRS software or jurisdiction tables. This guide explains the worksheet in plain language. Educational only.
What This Worksheet Answers
gain = max(0, proceeds − basis). estimatedTax = gain × rate%.
Educational worksheet, not a live quote
Educational estimate only—not tax, legal, or accounting advice. Jurisdiction rules, holding periods, and wash-sale analogs vary. Confirm with a qualified professional and official guidance.
How to Run a Scenario
1
Step 1
Choose a display currency.
2
Step 2
Enter disposal proceeds and cost basis.
3
Step 3
Enter the tax rate percent you are modeling.
4
Step 4
Review gain and estimated tax.
Formulas in Plain Language
Gain: max(0, proceeds − costBasis). Positive capital gain only in this worksheet. Estimated tax: gain × taxRate%. User-supplied marginal or effective rate.