Updated April 19, 2026
Capital Gains: 3.5%-7.65% (30% subtraction for long-term)Income Tax: 3.5%-7.65%Tax Summary
Wisconsin follows federal rules treating cryptocurrency as property. Capital gains are taxed at ordinary income rates of 3.5%-7.65% with a 30% subtraction for long-term gains. Crypto income like mining or staking is taxed as ordinary income at 3.5%-7.65%.
Quick facts for Wisconsin, United States
Capital Gains Tax
3.5%-7.65% (30% subtraction for long-term)Income Tax Rate
3.5%-7.65%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.
Educational only. If the guide has a tax-rate range, the calculator will show a low/high estimate.
Open calculatorCapital Gains Tax
3.5%-7.65% (30% subtraction for long-term)• Crypto capital gains classified per federal rules: short-term as ordinary income, long-term if held >1 year.
• Wisconsin subtracts 30% of net long-term capital gains on Schedule WD.
• No crypto-specific exemptions or thresholds; $3,000 annual loss limit against ordinary income.
• Like-kind exchanges (IRC 1031) do not apply to crypto.
• Wisconsin subtracts 30% of net long-term capital gains on Schedule WD.
• No crypto-specific exemptions or thresholds; $3,000 annual loss limit against ordinary income.
• Like-kind exchanges (IRC 1031) do not apply to crypto.
Income Tax
3.5%-7.65%• Mining income taxed as ordinary income at fair market value when received.
• Staking rewards taxed as ordinary income per federal rules.
• Included in federal AGI and flows to WI taxable income; no state-specific adjustments.
• Business income from crypto sales valued at FMV on receipt.
• Staking rewards taxed as ordinary income per federal rules.
• Included in federal AGI and flows to WI taxable income; no state-specific adjustments.
• Business income from crypto sales valued at FMV on receipt.
Reporting Requirements
• Report all crypto gains/losses/income on federal returns; WI starts from federal AGI.
• Use Schedule WD for capital gains subtraction, Schedule SB for subtractions on Form 1.
• File WI Form 1 by April 15 (or extension to October 15); same as federal deadlines.
• Maintain records of basis, FMV, transactions.
• Use Schedule WD for capital gains subtraction, Schedule SB for subtractions on Form 1.
• File WI Form 1 by April 15 (or extension to October 15); same as federal deadlines.
• Maintain records of basis, FMV, transactions.
Special Notes
• 2025 brackets apply: e.g., single $0-$14,680 at 3.5%, up to >$323,290 at 7.65%.
• Sales/purchases of convertible crypto not subject to sales tax; tax on use for taxable items.
• Federal Form 1099-DA required from brokers starting 2025 tax year.
• Nonresidents report only WI-sourced crypto gains.
• Sales/purchases of convertible crypto not subject to sales tax; tax on use for taxable items.
• Federal Form 1099-DA required from brokers starting 2025 tax year.
• Nonresidents report only WI-sourced 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: 0-3.7% (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%
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%
Wyoming
CG: 0%Income: 0%
Wisconsin Crypto Tax FAQ
Is cryptocurrency taxed in Wisconsin?
Wisconsin follows federal rules treating cryptocurrency as property. Capital gains are taxed at ordinary income rates of 3.5%-7.65% with a 30% subtraction for long-term gains. Crypto income like mining or staking is taxed as ordinary income at 3.5%-7.65%.
What is the crypto capital gains tax rate in Wisconsin?
The state-level capital gains treatment in Wisconsin is currently listed as 3.5%-7.65% (30% subtraction for long-term).
How do I report crypto taxes in Wisconsin?
• Report all crypto gains/losses/income on federal returns; WI starts 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.