Updated March 29, 2026
Capital Gains: 0%-3.125%Income Tax: 0%-3.125%Tax Summary
Ohio follows federal rules treating crypto as property. Capital gains and income taxed as ordinary income at state rates of 0%-3.125% for TY2025. No separate capital gains tax rate exists.
Quick facts for Ohio, United States
Capital Gains Tax
0%-3.125%Income Tax Rate
0%-3.125%Capital Gains Tax
0%-3.125%• Crypto capital gains classified as short-term or long-term per IRS rules.
• Included in Ohio taxable nonbusiness income.
• Taxed at ordinary income tax rates; no state LTCG preference.
• No specific exemptions or thresholds for crypto.
• Included in Ohio taxable nonbusiness income.
• Taxed at ordinary income tax rates; no state LTCG preference.
• No specific exemptions or thresholds for crypto.
Income Tax
0%-3.125%• Mining income taxed as ordinary income at FMV when mined.
• Staking rewards taxed as ordinary income at FMV upon receipt.
• Follows federal classification and timing rules.
• Taxed as nonbusiness income unless qualifying as business.
• Staking rewards taxed as ordinary income at FMV upon receipt.
• Follows federal classification and timing rules.
• Taxed as nonbusiness income unless qualifying as business.
Reporting Requirements
• Report on federal return; Ohio starts with federal AGI (with adjustments).
• File Ohio IT 1040 (and schedules if needed).
• Due April 15; automatic 6-month extension if federal extended.
• Track cost basis; no state-specific crypto form.
• File Ohio IT 1040 (and schedules if needed).
• Due April 15; automatic 6-month extension if federal extended.
• Track cost basis; no state-specific crypto form.
Special Notes
• Ohio accepts Bitcoin, Bitcoin Cash, etc., for tax payments since 2018.
• HB 116 (2025) proposed $200 de minimis cap gains exemption for crypto buys; passed House, pending Senate.
• Business crypto income taxed at flat 3%.
• Some municipalities impose local income tax on crypto gains.
• HB 116 (2025) proposed $200 de minimis cap gains exemption for crypto buys; passed House, pending Senate.
• Business crypto income taxed at flat 3%.
• Some municipalities impose local income tax on crypto gains.
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% - 3.9%Income: 0% - 3.9%
California
CG: 1%-13.3% (ordinary income rates)Income: 1%-13.3% (ordinary income rates)
Colorado
CG: 4.4%Income: 4.4%
Connecticut
CG: 2%-6.99% (taxed as ordinary income)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% (taxed as ordinary income)Income: 5.19% (flat rate)
Hawaii
CG: 7.25% (elective on net capital gains); short-term: 1.4%-11%Income: 1.4%-11%
Idaho
CG: 0% up to $4,811 (single) / $9,622 (married); 5.3% thereafterIncome: 0% up to $4,811 (single) / $9,622 (married); 5.3% thereafter
Illinois
CG: 4.95%Income: 4.95%
Indiana
CG: 2.95% state + 0.5%-3% county (varies by location)<argumentIncome: 2.95% state + 0.5%-3% county (varies by location)<argument
Iowa
CG: 3.8% (flat rate, taxed as ordinary income)Income: 3.8% (flat rate)
Kansas
CG: 5.2% - 5.58%Income: 5.2% - 5.58%
Kentucky
CG: 3.5% (flat rate)Income: 3.5% (flat rate)
Louisiana
CG: 3%Income: 3%
Maine
CG: 5.8%-7.15%Income: 5.8%-7.15%
Maryland
CG: 2%-6.5% state + 2.25%-3.3% local + 2% surtax on net gains (FAGI > $350k)<grok:render type="render_inlIncome: 2%-6.5% state + 2.25%-3.3% local
Massachusetts
CG: 5% (long-term), 8.5% (short-term)Income: 5% flat + 4% surtax over $1,083,150
Michigan
CG: 4.25%Income: 4.25%
Minnesota
CG: 5.35%-9.85%; +1% on net investment income over $1MIncome: 5.35%-9.85%
Mississippi
CG: 4.4%Income: 4.4%
Missouri
CG: 0%Income: 0-4.7%
Montana
CG: Short-term: 4.7%-5.65%; Long-term: 3%-4.1%Income: 4.7%-5.65%
Nebraska
CG: 2.46%-5.20% (tax year 2025); top rate 4.55% (2026)Income: 2.46%-5.20% (tax year 2025); top rate 4.55% (2026)
Nevada
CG: 0%Income: 0%
New Hampshire
CG: 0%Income: 0%
New Jersey
CG: 1.4%-10.75% (taxed as ordinary income)Income: 1.4%-10.75%
New Mexico
CG: 1.5% - 5.9% (with deduction)Income: 1.5% - 5.9%
New York
CG: 4%-10.9% (state ordinary income rates); +3.078%-3.876% NYCIncome: 4%-10.9% (state ordinary income rates); +3.078%-3.876% NYC
North Carolina
CG: 4.25% (TY 2025); 3.99% (TY 2026)Income: 4.25% (TY 2025); 3.99% (TY 2026)
North Dakota
CG: Short-term: 1.95%-2.5%; Long-term: effective 1.17%-1.5% (after 40% exclusion)Income: 1.95%-2.5%
Oklahoma
CG: 0.25% - 4.5%Income: 0.25% - 4.5%
Oregon
CG: 4.75%-9.9% (taxed as ordinary income)Income: 4.75%-9.9%
Pennsylvania
CG: 3.07%Income: 3.07%
Rhode Island
CG: 3.75%-5.99%Income: 3.75%-5.99%
South Carolina
CG: 0%-6% (44% deduction on net LTCG)Income: 0%-6%
South Dakota
CG: 0%Income: 0%
Tennessee
CG: 0%Income: 0%
Texas
CG: 0%Income: 0%
Utah
CG: 4.5% (flat, as ordinary income)Income: 4.5% (flat rate)
Vermont
CG: 3.35%-8.75% (taxed as ordinary income)Income: 3.35%-8.75%
Virginia
CG: 2%-5.75%Income: 2%-5.75%
Washington
CG: 7%Income: 0%
West Virginia
CG: 2.22%-4.82%Income: 2.22%-4.82%
Wisconsin
CG: 3.50%-7.65% (30% deduction for long-term gains)Income: 3.50%-7.65%
Wyoming
CG: 0%Income: 0%
Ohio Crypto Tax FAQ
Is cryptocurrency taxed in Ohio?
Ohio follows federal rules treating crypto as property. Capital gains and income taxed as ordinary income at state rates of 0%-3.125% for TY2025. No separate capital gains tax rate exists.
What is the crypto capital gains tax rate in Ohio?
The state-level capital gains treatment in Ohio is currently listed as 0%-3.125%.
How do I report crypto taxes in Ohio?
• Report on federal return; Ohio starts with federal AGI (with adjustments).
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.