Crypto tax rates for 2022
The IRS adjusted the tax brackets for 2022 to follow inflation. Here are the long-term cryptocurrency tax rates that will apply when you file your 2022 tax return next year:
Data source: IRS.
As previously noted, the IRS taxes short-term crypto gains as ordinary income. Here are the 2022 income tax rates that will apply to gains on crypto you held for 365 days or less:
Data source: IRS.