Updated May 10, 2026
Capital Gains: 0-3.7% (50% deduction on long-term gains)Income Tax: 0-3.7%Tax Summary
Arkansas treats cryptocurrency as property following federal IRS guidelines. Capital gains and income from crypto are subject to state income tax at graduated rates up to 3.7%. A 50% deduction applies to net long-term capital gains.
Quick facts for Arkansas, United States
Capital Gains Tax
0-3.7% (50% deduction on long-term gains)Income Tax Rate
0-3.7%Capital Gains Tax
0-3.7% (50% deduction on long-term gains)• Crypto capital gains classified as short-term or long-term per federal holding period rules.
• Short-term gains (≤1 year) taxed as ordinary income at state rates 0-3.7%.
• Long-term gains (>1 year): 50% of net gains deductible before applying state tax rates.
• No state-specific thresholds; follows federal cost basis and realization rules.
• Exemptions limited to federal loss offsets and standard deductions.
• Short-term gains (≤1 year) taxed as ordinary income at state rates 0-3.7%.
• Long-term gains (>1 year): 50% of net gains deductible before applying state tax rates.
• No state-specific thresholds; follows federal cost basis and realization rules.
• Exemptions limited to federal loss offsets and standard deductions.
Income Tax
0-3.7%• Mining income taxed as ordinary income at fair market value when received.
• Staking rewards taxed as ordinary income upon receipt per federal rules.
• Airdrops and hard forks taxed as income if control obtained.
• State conforms to federal treatment; no unique rules.
• Staking rewards taxed as ordinary income upon receipt per federal rules.
• Airdrops and hard forks taxed as income if control obtained.
• State conforms to federal treatment; no unique rules.
Reporting Requirements
• Residents file AR1000F if federal AGI exceeds filing threshold or owe tax.
• Report crypto income/gains via federal forms (Schedule D, 8949); Arkansas adjusts for LT deduction on Schedule LT.
• Deadline: April 15 (or federal extension).
• No crypto-specific state forms; electronic filing encouraged.
• Report crypto income/gains via federal forms (Schedule D, 8949); Arkansas adjusts for LT deduction on Schedule LT.
• Deadline: April 15 (or federal extension).
• No crypto-specific state forms; electronic filing encouraged.
Special Notes
• Top income tax rate reduced to 3.7% effective January 1, 2026.
• Sales/use tax exemptions for data centers and crypto mining equipment.
• No capital gains tax on crypto donations to qualified charities.
• Monitor federal changes (e.g., 1099-DA) as state conforms.
• Sales/use tax exemptions for data centers and crypto mining equipment.
• No capital gains tax on crypto donations to qualified charities.
• Monitor federal changes (e.g., 1099-DA) as state conforms.
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%
Arizona
CG: 2.5%Income: 2.5%
California
CG: 1%-13.3%Income: 1%-13.3%
Colorado
CG: 4.4% (flat rate)Income: 4.4% (flat rate)
Connecticut
CG: 2-6.99%Income: 2-6.99%
Delaware
CG: 2.2%-6.6%Income: 2.2%-6.6%
District of Columbia
CG: 4-10.75% (taxed as ordinary income)Income: 4-10.75%
Florida
CG: 0%Income: 0%
Georgia
CG: 5.19%Income: 5.19%
Hawaii
CG: Varies: short-term 1.4-11%, net long-term up to 7.25%Income: 1.4-11%
Idaho
CG: 0-5.3%Income: 0-5.3%
Illinois
CG: 4.95% (flat rate)Income: 4.95% (flat rate)
Indiana
CG: 2.95% state + 0.5%-3% local county (varies)Income: 2.95% state + 0.5%-3% local county (varies)
Iowa
CG: 3.8%Income: 3.8%
Kansas
CG: 5.2%-5.58%Income: 5.2%-5.58%
Kentucky
CG: 3.5%Income: 3.5%
Louisiana
CG: 3%Income: 3%
Maine
CG: 5.8%-9.15% (taxed as ordinary income)Income: 5.8%-9.15%
Maryland
CG: 2%-6.5% state + 2.25%-3.2% local; +2% surtax on net gains if FAGI >$350,000Income: 2%-6.5% state + 2.25%-3.2% local (varies by county)
Massachusetts
CG: 5% (LTCG), 8.5% (STCG) + 4% surtax >$1,083,150Income: 5% + 4% surtax >$1,083,150
Michigan
CG: 4.25%Income: 4.25%
Minnesota
CG: 5.35%-9.85% (+1% NIIT on net investment income > $1M)Income: 5.35%-9.85%
Mississippi
CG: 0% on first $10,000; 4.4% thereafterIncome: 0% on first $10,000; 4.4% thereafter
Missouri
CG: 0%Income: 2%-4.7%
Montana
CG: Long-term: 3.0%-4.1%; Short-term: 4.7%-5.65%Income: 4.7%-5.65%
Nebraska
CG: 2.46%-4.55% (taxed as ordinary income)Income: 2.46%-4.55%
Nevada
CG: 0%Income: 0%
New Hampshire
CG: 0%Income: 0%
New Jersey
CG: 1.4%-10.75% (as ordinary income)Income: 1.4%-10.75%
New Mexico
CG: 1.5% - 5.9%Income: 1.5% - 5.9%
New York
CG: 4-10.9% (state) + 3.078-3.876% (NYC)Income: 4-10.9% (state) + 3.078-3.876% (NYC)
North Carolina
CG: 3.99% (taxed as ordinary income)Income: 3.99%
North Dakota
CG: Short-term: 0%-2.5%; Long-term: effective 0%-1.5% after 40% exclusionIncome: 0%-2.5%
Ohio
CG: 2.75% (flat on income > $26,050)Income: 2.75% (flat on income > $26,050)
Oklahoma
CG: 0%-4.5%Income: 0%-4.5%
Oregon
CG: 4.75%-9.9%Income: 4.75%-9.9%
Pennsylvania
CG: 3.07% (flat rate)Income: 3.07% (flat rate)
Rhode Island
CG: 3.75%-5.99%Income: 3.75%-5.99%
South Carolina
CG: 1.99%-5.21% (44% deduction for net long-term capital gains)Income: 1.99%-5.21%
South Dakota
CG: 0%Income: 0%
Tennessee
CG: 0%Income: 0%
Texas
CG: 0%Income: 0%
Utah
CG: 4.5%Income: 4.5%
Vermont
CG: 3.35%-8.75%Income: 3.35%-8.75%
Virginia
CG: 2-5.75%Income: 2-5.75%
Washington
CG: 7% on long-term gains exceeding $278,000 (2025 threshold, inflation-adjusted)Income: 0% (no state income tax)
West Virginia
CG: 2.11% - 4.58% (taxed as ordinary income)Income: 2.11% - 4.58%
Wisconsin
CG: 3.5%-7.65% (30% subtraction for long-term)Income: 3.5%-7.65%
Wyoming
CG: 0%Income: 0%
Arkansas Crypto Tax FAQ
Is cryptocurrency taxed in Arkansas?
Arkansas treats cryptocurrency as property following federal IRS guidelines. Capital gains and income from crypto are subject to state income tax at graduated rates up to 3.7%. A 50% deduction applies to net long-term capital gains.
What is the crypto capital gains tax rate in Arkansas?
The state-level capital gains treatment in Arkansas is currently listed as 0-3.7% (50% deduction on long-term gains).
How do I report crypto taxes in Arkansas?
• Residents file AR1000F if federal AGI exceeds filing threshold or owe tax.
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.