Updated May 10, 2026
Capital Gains: 3.07% (flat rate)Income Tax: 3.07% (flat rate)Tax Summary
Pennsylvania imposes a flat 3.07% personal income tax on cryptocurrency gains and income. Crypto is treated as property, following federal classification. All gains taxed as ordinary income with no preferential rates.
Quick facts for Pennsylvania, United States
Capital Gains Tax
3.07% (flat rate)Income Tax Rate
3.07% (flat rate)Capital Gains Tax
3.07% (flat rate)• Crypto capital gains classified as net gains from sale of property.
• Taxed at flat 3.07% PIT rate using PA basis.
• No distinction for short/long-term holding.
• Nonresidents exempt from gains on intangible property like crypto.
• Report all sales/exchanges on PA Schedule D.
• Taxed at flat 3.07% PIT rate using PA basis.
• No distinction for short/long-term holding.
• Nonresidents exempt from gains on intangible property like crypto.
• Report all sales/exchanges on PA Schedule D.
Income Tax
3.07% (flat rate)• Mining income taxed as ordinary business income at 3.07%.
• Staking rewards taxed as ordinary income upon receipt at FMV.
• Follows federal rules for valuation.
• Report on PA-40 Schedule C or as other income.
• Staking rewards taxed as ordinary income upon receipt at FMV.
• Follows federal rules for valuation.
• Report on PA-40 Schedule C or as other income.
Reporting Requirements
• Report crypto gains/losses on PA-40 with Schedule D.
• Include income from mining/staking on appropriate schedules.
• Use PA-specific basis and rules, not federal.
• Annual deadline: April 15 (extensions available).
• Include income from mining/staking on appropriate schedules.
• Use PA-specific basis and rules, not federal.
• Annual deadline: April 15 (extensions available).
Special Notes
• Philadelphia residents face additional local income tax on gains/income (up to 3.79%).
• No crypto-specific exemptions or thresholds.
• NFTs may trigger sales/use tax if digital products.
• PA follows federal crypto guidance; no major 2026 changes.
• No crypto-specific exemptions or thresholds.
• NFTs may trigger sales/use tax if digital products.
• PA follows federal crypto guidance; no major 2026 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 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%
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%
Pennsylvania Crypto Tax FAQ
Is cryptocurrency taxed in Pennsylvania?
Pennsylvania imposes a flat 3.07% personal income tax on cryptocurrency gains and income. Crypto is treated as property, following federal classification. All gains taxed as ordinary income with no preferential rates.
What is the crypto capital gains tax rate in Pennsylvania?
The state-level capital gains treatment in Pennsylvania is currently listed as 3.07% (flat rate).
How do I report crypto taxes in Pennsylvania?
• Report crypto gains/losses on PA-40 with Schedule D.
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.