Updated October 23, 2025
Capital Gains: 2.5%Income Tax: 2.5%Quick Facts: Arizona, United States Crypto Taxes
Capital Gains Tax
2.5%Income Tax Rate
2.5%Tax Summary
Arizona taxes cryptocurrency under state income tax laws. Crypto is treated as property, similar to federal guidelines. Residents must report gains and income on state returns.
Capital Gains Tax
2.5%- Crypto capital gains are classified as ordinary income in Arizona.
- State taxes capital gains at the flat income tax rate of 2.5%.
- No specific exemptions or thresholds for crypto gains beyond standard deductions.
- Gains calculated as federal adjusted gross income includes them.
- State taxes capital gains at the flat income tax rate of 2.5%.
- No specific exemptions or thresholds for crypto gains beyond standard deductions.
- Gains calculated as federal adjusted gross income includes them.
Income Tax
2.5%- Mining income is taxed as ordinary income at 2.5% in Arizona.
- Staking rewards are considered ordinary income and taxed at the state rate.
- Arizona conforms to federal treatment of crypto income.
- Deductible expenses can reduce taxable income.
- Staking rewards are considered ordinary income and taxed at the state rate.
- Arizona conforms to federal treatment of crypto income.
- Deductible expenses can reduce taxable income.
Reporting Requirements
- Report crypto income and gains on Arizona Form 140.
- Include federal Schedule D for capital gains details.
- Filing deadline is April 15, or extended to October 15.
- Include federal Schedule D for capital gains details.
- Filing deadline is April 15, or extended to October 15.
Special Notes
- Arizona has a flat 2.5% income tax rate starting 2023.
- No state sales tax on crypto purchases.
- Consult a tax professional for complex transactions.
- No state sales tax on crypto purchases.
- Consult a tax professional for complex transactions.
Other US States
Compare state-level crypto tax differences across the United States.
Alabama
CG: 2-5%Income: 2-5%
Alaska
CG: 0%Income: 0%
Arkansas
CG: Varies (0% - 4.9%)Income: Varies (0% - 4.9%)
California
CG: 1-13.3%Income: 1-13.3%
Colorado
CG: 4.4%Income: 4.4%
Connecticut
CG: 3-6.99%Income: 3-6.99%
Delaware
CG: 0% - 6.6%Income: 0% - 6.6%
Florida
CG: 0%Income: 0%
Georgia
CG: 1-5.75%Income: 1-5.75%
Hawaii
CG: 1.4% - 11%Income: 1.4% - 11%
Idaho
CG: 0-5.8%Income: 0-5.8%
Illinois
CG: 4.95%Income: 4.95%
Indiana
CG: 3.05% state + 0-3.38% countyIncome: 3.05% state + 0-3.38% county
Iowa
CG: Varies (4.40% - 6.00%)Income: Varies (4.40% - 6.00%)
Kansas
CG: 3.1-5.7%Income: 3.1-5.7%
Kentucky
CG: 4.5%Income: 4.5%
Louisiana
CG: 1.85% - 4.25%Income: 1.85% - 4.25%
Maine
CG: 5.8% - 7.15%Income: 5.8% - 7.15%
Maryland
CG: Varies (2% - 5.75% state + 1.75% - 3.2% local)Income: Varies (2% - 5.75% state + 1.75% - 3.2% local)
Massachusetts
CG: 5-12%Income: 5%
Michigan
CG: 4.25%Income: 4.25%
Minnesota
CG: 5.35% - 9.85%Income: 5.35% - 9.85%
Mississippi
CG: 0-5%Income: 0-5%
Missouri
CG: 1.5-5.3%Income: 1.5-5.3%
Montana
CG: 1%-6.9%Income: 1%-6.9%
Nebraska
CG: 2.46% - 6.64%Income: 2.46% - 6.64%
Nevada
CG: 0%Income: 0%
New Hampshire
CG: 0%Income: 0%
New Jersey
CG: 1.4% - 10.75%Income: 1.4% - 10.75%
Arizona Crypto Tax FAQ
Arizona taxes cryptocurrency under state income tax laws. Crypto is treated as property, similar to federal guidelines. Residents must report gains and income on state returns.
The state-level capital gains treatment in Arizona is currently listed as 2.5%.
- Report crypto income and gains on Arizona Form 140.
Compare With Other Countries
Disclaimer: This information is AI-generated and for educational purposes only. Tax laws are complex and subject to change. Always consult with a qualified tax professional for advice specific to your situation.