Idaho Crypto Tax Calculator

We built this free crypto tax calculator for residents of Idaho who want to check calculations quickly. Our calculator is for informational purposes only. Please consult a CPA or tax professional. Use cryptocurrency tax accounting software if you have lots of trades.

Idaho taxes capital gains as regular income, with rates of 0% up to $4,489 ($8,978 for married filing jointly) and 5.8% above that threshold. To calculate Federal taxes, please use our USA tax calculator.

Enter your total income (without capital gains): Total Cost of First Purchase: Amount of Sale: Filing Status:

Have a complex trading history?

Use Koinly to import your transactions and calculate your taxes.

Calculate for free

Idaho Tax Brackets (2024)

Single Filers	Married Filing Jointly	Tax Rate
$0 to $4,489	$0 to $8,978	0%
Over $4,489	Over $8,978	5.8%

Cryptocurrency Taxation in Idaho

Key Points

Income-Based Taxation: Idaho treats crypto gains as regular income, with a simple two-tier system.
No Special Treatment: Unlike some states, Idaho doesn't distinguish between short-term and long-term gains for cryptocurrency.
Mining Income: Crypto mining is treated as self-employment income and taxed at regular income rates.
Note on Property Deduction: While Idaho offers a 60% deduction on certain long-term property gains, this does not apply to cryptocurrency.

Common Tax Situations

Trading & Investment

All crypto trades, including crypto-to-crypto transactions, are taxable events. Gains are taxed based on your total income position relative to the threshold.

Tax Planning Tips

Consider timing your crypto sales to manage your total taxable income relative to the $4,489/$8,978 threshold. Keep detailed records of all transactions.