Updated May 10, 2026
Capital Gains: 1%-13.3%Income Tax: 1%-13.3%Tax Summary
California treats cryptocurrency as property, following IRS guidelines. All capital gains are taxed as ordinary income at state rates from 1% to 13.3%. Crypto income like mining and staking is also taxed as ordinary income.
Quick facts for California, United States
Capital Gains Tax
1%-13.3%Income Tax Rate
1%-13.3%Estimate your crypto taxes in United States
Use our free calculator to model trading gains, staking income, mining income, and other crypto income using the headline rates from the matching country guide.
Educational only. If the guide has a tax-rate range, the calculator will show a low/high estimate.
Open calculatorCapital Gains Tax
1%-13.3%- Crypto transactions generate capital gains or losses federally (short-term or long-term).
- California taxes all capital gains as ordinary income, no lower long-term rates.
- No crypto-specific exemptions or thresholds.
- Net losses offset gains; up to $3,000 ordinary income deduction federally, same in CA.
- California taxes all capital gains as ordinary income, no lower long-term rates.
- No crypto-specific exemptions or thresholds.
- Net losses offset gains; up to $3,000 ordinary income deduction federally, same in CA.
Income Tax
1%-13.3%- Mining income taxed as ordinary income at FMV on mining date.
- Staking rewards taxed as ordinary income at FMV when received.
- Follows federal rules; no state differences.
- Self-employment tax may apply if business.
- Staking rewards taxed as ordinary income at FMV when received.
- Follows federal rules; no state differences.
- Self-employment tax may apply if business.
Reporting Requirements
- Report crypto gains/losses on federal Schedule D; flows to CA Form 540.
- File CA Schedule D (540) and Schedule CA if federal/state differences.
- Answer yes to FTB digital assets question on Form 540.
- Deadline: April 15 (Oct 15 extended) for prior year; 2026 for 2025 taxes.
- File CA Schedule D (540) and Schedule CA if federal/state differences.
- Answer yes to FTB digital assets question on Form 540.
- Deadline: April 15 (Oct 15 extended) for prior year; 2026 for 2025 taxes.
Special Notes
- Form 1099-DA required from brokers for 2025+ sales (gross proceeds 2025, basis 2026).
- Digital Financial Assets Law: crypto businesses need license by July 1, 2026.
- No state sales/use tax on crypto buys/sells generally.
- CA taxes residents on worldwide income; part-year/nonresidents prorated.
- Digital Financial Assets Law: crypto businesses need license by July 1, 2026.
- No state sales/use tax on crypto buys/sells generally.
- CA taxes residents on worldwide income; part-year/nonresidents prorated.
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%
Arkansas
CG: 0-3.7% (50% deduction on long-term gains)Income: 0-3.7%
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%
California Crypto Tax FAQ
Is cryptocurrency taxed in California?
California treats cryptocurrency as property, following IRS guidelines. All capital gains are taxed as ordinary income at state rates from 1% to 13.3%. Crypto income like mining and staking is also taxed as ordinary income.
What is the crypto capital gains tax rate in California?
The state-level capital gains treatment in California is currently listed as 1%-13.3%.
How do I report crypto taxes in California?
- Report crypto gains/losses on federal Schedule D; flows to CA Form 540.
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.