Updated May 10, 2026
Capital Gains: 3.99% (taxed as ordinary income)Income Tax: 3.99%Tax Summary
North Carolina taxes cryptocurrency gains and income at a flat 3.99% individual income tax rate. It follows federal IRS treatment of crypto as property. No special state-level crypto taxes exist.
Quick facts for North Carolina, United States
Capital Gains Tax
3.99% (taxed as ordinary income)Income Tax Rate
3.99%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
3.99% (taxed as ordinary income)• Crypto capital gains from sales, trades, or spending are classified per federal rules (short-term or long-term).
• Taxed at flat 3.99% state income tax rate; no separate capital gains rate.
• No state-specific exemptions or thresholds for crypto gains.
• Use federal cost basis and holding periods; report on Schedule D equivalent via federal AGI.
• Taxed at flat 3.99% state income tax rate; no separate capital gains rate.
• No state-specific exemptions or thresholds for crypto gains.
• Use federal cost basis and holding periods; report on Schedule D equivalent via federal AGI.
Income Tax
3.99%• Mining income taxed as ordinary income at fair market value (FMV) when received.
• Staking rewards taxed as ordinary income at FMV on receipt.
• Airdrops and hard forks taxed as income at FMV.
• All taxed at flat 3.99% rate; follows federal classification.
• Staking rewards taxed as ordinary income at FMV on receipt.
• Airdrops and hard forks taxed as income at FMV.
• All taxed at flat 3.99% rate; follows federal classification.
Reporting Requirements
• Report all crypto transactions via federal AGI on Form D-400 (Individual Income Tax Return).
• File if NC taxable income exceeds standard deduction (e.g., ~$13,850 single for 2026).
• Key deadline: April 15 (or next business day); extensions available.
• No state-specific crypto forms; attach federal schedules if needed.
• File if NC taxable income exceeds standard deduction (e.g., ~$13,850 single for 2026).
• Key deadline: April 15 (or next business day); extensions available.
• No state-specific crypto forms; attach federal schedules if needed.
Special Notes
• North Carolina starts with federal AGI and makes minimal adjustments; crypto flows through.
• No preferential long-term capital gains rate at state level.
• Mining equipment may be subject to property tax.
• Monitor bills like NC Digital Asset Freedom Act for future changes.
• No preferential long-term capital gains rate at state level.
• Mining equipment may be subject to property tax.
• Monitor bills like NC Digital Asset Freedom Act for future changes.
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%
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 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%
North Carolina Crypto Tax FAQ
Is cryptocurrency taxed in North Carolina?
North Carolina taxes cryptocurrency gains and income at a flat 3.99% individual income tax rate. It follows federal IRS treatment of crypto as property. No special state-level crypto taxes exist.
What is the crypto capital gains tax rate in North Carolina?
The state-level capital gains treatment in North Carolina is currently listed as 3.99% (taxed as ordinary income).
How do I report crypto taxes in North Carolina?
• Report all crypto transactions via federal AGI on Form D-400 (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.