Updated May 10, 2026
Capital Gains: 0-5.3%Income Tax: 0-5.3%Tax Summary
Idaho treats cryptocurrency as property per IRS rules. Gains and income are included in federal AGI and taxed at state income rates. Rates are 0% up to ~$4,800 single filer, then 5.3%.
Quick facts for Idaho, United States
Capital Gains Tax
0-5.3%Income Tax Rate
0-5.3%Capital Gains Tax
0-5.3%• Crypto capital gains classified as short-term or long-term per federal rules.
• Taxed as ordinary income at Idaho income tax rates; no preferential long-term rate.
• No crypto-specific exemptions or thresholds.
• 60% deduction for certain real property/business assets, but excludes crypto.
• Taxed as ordinary income at Idaho income tax rates; no preferential long-term rate.
• No crypto-specific exemptions or thresholds.
• 60% deduction for certain real property/business assets, but excludes crypto.
Income Tax
0-5.3%• Mining income taxed as ordinary income at fair market value when received.
• Staking rewards taxed as ordinary income upon receipt.
• Follows federal classification; included in AGI.
• No state-specific modifications for crypto income.
• Staking rewards taxed as ordinary income upon receipt.
• Follows federal classification; included in AGI.
• No state-specific modifications for crypto income.
Reporting Requirements
• Report all crypto gains/income on federal return (Form 1040, Schedule D, 8949).
• Idaho Form 40 uses federal AGI; no separate crypto forms.
• File by April 15; extensions available.
• Keep records of cost basis, FMV, transactions.
• Idaho Form 40 uses federal AGI; no separate crypto forms.
• File by April 15; extensions available.
• Keep records of cost basis, FMV, transactions.
Special Notes
• No explicit state guidance on crypto; defaults to federal treatment.
• No sales/use tax on crypto transactions.
• Income tax rate reduced to 5.3% for 2025/2026 (retroactive adjustment).
• Brackets indexed annually (e.g., 2025: $0-$4,811 single at 0%, over at 5.3%).
• No sales/use tax on crypto transactions.
• Income tax rate reduced to 5.3% for 2025/2026 (retroactive adjustment).
• Brackets indexed annually (e.g., 2025: $0-$4,811 single at 0%, over at 5.3%).
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%
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%
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%
Idaho Crypto Tax FAQ
Is cryptocurrency taxed in Idaho?
Idaho treats cryptocurrency as property per IRS rules. Gains and income are included in federal AGI and taxed at state income rates. Rates are 0% up to ~$4,800 single filer, then 5.3%.
What is the crypto capital gains tax rate in Idaho?
The state-level capital gains treatment in Idaho is currently listed as 0-5.3%.
How do I report crypto taxes in Idaho?
• Report all crypto gains/income on federal return (Form 1040, Schedule D, 8949).
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.