Updated March 22, 2026
Capital Gains: 3.50%-7.65% (30% deduction for long-term gains)Income Tax: 3.50%-7.65%Tax Summary
Wisconsin treats cryptocurrency as property, following federal IRS guidelines. Capital gains and ordinary income from crypto are taxed at state individual income tax rates ranging from 3.50% to 7.65%. Long-term capital gains qualify for a 30% state deduction.
Quick facts for Wisconsin, United States
Capital Gains Tax
3.50%-7.65% (30% deduction for long-term gains)Income Tax Rate
3.50%-7.65%Capital Gains Tax
3.50%-7.65% (30% deduction for long-term gains)• Crypto classified as capital assets per federal rules.
• Short-term gains (<1 year) taxed at full ordinary rates; long-term (>1 year) get 30% deduction on net gain.
• No crypto-specific exemptions or thresholds.
• Report on federal Schedule D; claim deduction on WI Schedule WD.
• Short-term gains (<1 year) taxed at full ordinary rates; long-term (>1 year) get 30% deduction on net gain.
• No crypto-specific exemptions or thresholds.
• Report on federal Schedule D; claim deduction on WI Schedule WD.
Income Tax
3.50%-7.65%• Mining rewards taxed as ordinary income at FMV on receipt date.
• Staking rewards taxed as ordinary income upon receipt.
• Follows federal rules; no preferential rates.
• Reported as other income on federal Form 1040.
• Staking rewards taxed as ordinary income upon receipt.
• Follows federal rules; no preferential rates.
• Reported as other income on federal Form 1040.
Reporting Requirements
• Include crypto gains/income in federal AGI on WI Form 1.
• Use Schedule WD for 30% long-term capital gains deduction.
• File by April 15; extensions to October 15 allowed.
• Use Schedule WD for 30% long-term capital gains deduction.
• File by April 15; extensions to October 15 allowed.
Special Notes
• WI Tax Bulletin #213 (2021) and Pub 103 (2026) confirm federal conformity.
• 2026 laws legalized staking and added kiosk protections; no tax impact.
• Crypto sales exempt from sales/use tax.
• Detailed records of all transactions required.
• 2026 laws legalized staking and added kiosk protections; no tax impact.
• Crypto sales exempt from sales/use tax.
• Detailed records of all transactions required.
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%
Ohio
CG: 0%-3.125%Income: 0%-3.125%
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%
Wyoming
CG: 0%Income: 0%
Wisconsin Crypto Tax FAQ
Is cryptocurrency taxed in Wisconsin?
Wisconsin treats cryptocurrency as property, following federal IRS guidelines. Capital gains and ordinary income from crypto are taxed at state individual income tax rates ranging from 3.50% to 7.65%. Long-term capital gains qualify for a 30% state deduction.
What is the crypto capital gains tax rate in Wisconsin?
The state-level capital gains treatment in Wisconsin is currently listed as 3.50%-7.65% (30% deduction for long-term gains).
How do I report crypto taxes in Wisconsin?
• Include crypto gains/income in federal AGI on WI Form 1.
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.