Updated May 10, 2026
Capital Gains: 5.19%Income Tax: 5.19%Tax Summary
Georgia treats cryptocurrency as property following federal IRS guidelines. Capital gains and income from crypto are taxed as ordinary income at a flat state rate of 5.19%. No crypto-specific exemptions apply.
Quick facts for Georgia, United States
Capital Gains Tax
5.19%Income Tax Rate
5.19%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.
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Open calculatorCapital Gains Tax
5.19%• Crypto capital gains are classified as ordinary income.
• Taxed at flat 5.19% rate with no long/short-term distinction at state level.
• Follows federal rules for cost basis and holding periods.
• No Georgia-specific exemptions or thresholds.
• Taxed at flat 5.19% rate with no long/short-term distinction at state level.
• Follows federal rules for cost basis and holding periods.
• No Georgia-specific exemptions or thresholds.
Income Tax
5.19%• Mining income is taxed as ordinary income when received.
• Staking rewards are taxed as ordinary income.
• Taxed at flat 5.19% rate.
• No state-specific deviations from federal treatment.
• Staking rewards are taxed as ordinary income.
• Taxed at flat 5.19% rate.
• No state-specific deviations from federal treatment.
Reporting Requirements
• Report all crypto gains and income on Form 500 (Individual Income Tax Return).
• Based on federal AGI with state adjustments.
• Deadline: April 15 annually; extensions to October 15.
• Based on federal AGI with state adjustments.
• Deadline: April 15 annually; extensions to October 15.
Special Notes
• No dedicated crypto tax guidance from Georgia DOR; defaults to federal property treatment.
• Flat income tax rate recently reduced; 4.99% proposed for tax year 2026.
• Sales tax exemptions for qualified crypto mining equipment purchases.
• State generally conforms to federal IRC for capital gains inclusion.
• Flat income tax rate recently reduced; 4.99% proposed for tax year 2026.
• Sales tax exemptions for qualified crypto mining equipment purchases.
• State generally conforms to federal IRC for capital gains inclusion.
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%
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%
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%
Georgia Crypto Tax FAQ
Is cryptocurrency taxed in Georgia?
Georgia treats cryptocurrency as property following federal IRS guidelines. Capital gains and income from crypto are taxed as ordinary income at a flat state rate of 5.19%. No crypto-specific exemptions apply.
What is the crypto capital gains tax rate in Georgia?
The state-level capital gains treatment in Georgia is currently listed as 5.19%.
How do I report crypto taxes in Georgia?
• Report all crypto gains and income on Form 500 (Individual Income Tax Return).
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.