Updated May 10, 2026
Capital Gains: 5.2%-5.58%Income Tax: 5.2%-5.58%Tax Summary
Kansas follows federal treatment of cryptocurrency as property. Capital gains and crypto income are taxed as ordinary income at state rates of 5.2% to 5.58%. No preferential capital gains rates apply.
Quick facts for Kansas, United States
Capital Gains Tax
5.2%-5.58%Income Tax Rate
5.2%-5.58%Capital Gains Tax
5.2%-5.58%• Crypto classified as property per IRS; gains/losses flow to KS AGI.
• Taxed at ordinary state income rates; no long-term preference.
• No Kansas-specific exemptions or thresholds for crypto gains.
• Holding period follows federal rules (short/long-term federally).
• Taxed at ordinary state income rates; no long-term preference.
• No Kansas-specific exemptions or thresholds for crypto gains.
• Holding period follows federal rules (short/long-term federally).
Income Tax
5.2%-5.58%• Mining rewards taxed as ordinary income at FMV receipt date.
• Staking rewards taxed as ordinary income at FMV receipt.
• Included in KS AGI; no state-specific rules.
• Self-employment tax may apply federally if business.
• Staking rewards taxed as ordinary income at FMV receipt.
• Included in KS AGI; no state-specific rules.
• Self-employment tax may apply federally if business.
Reporting Requirements
• Report all crypto activity on federal return (1099s, Schedule D, etc.); KS adjusts from federal AGI.
• File KS Form K-40 if KS AGI exceeds filing thresholds (e.g., $3,000 single).
• Deadline: April 15; extensions available.
• No crypto-specific KS forms.
• File KS Form K-40 if KS AGI exceeds filing thresholds (e.g., $3,000 single).
• Deadline: April 15; extensions available.
• No crypto-specific KS forms.
Special Notes
• Sales tax: Virtual currency treated as cash equivalent; convert to USD for taxable sales.
• Recent bills for Bitcoin reserves/miners incentives introduced but not enacted as of May 2026.
• KS DOR audits crypto returns; maintain records.
• Recent bills for Bitcoin reserves/miners incentives introduced but not enacted as of May 2026.
• KS DOR audits crypto returns; maintain records.
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%
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%
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%
Kansas Crypto Tax FAQ
Is cryptocurrency taxed in Kansas?
Kansas follows federal treatment of cryptocurrency as property. Capital gains and crypto income are taxed as ordinary income at state rates of 5.2% to 5.58%. No preferential capital gains rates apply.
What is the crypto capital gains tax rate in Kansas?
The state-level capital gains treatment in Kansas is currently listed as 5.2%-5.58%.
How do I report crypto taxes in Kansas?
• Report all crypto activity on federal return (1099s, Schedule D, etc.); KS adjusts from federal AGI.
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.