Tools
Crypto donation tax calculator
See the difference between selling your crypto and donating the cash, versus donating the crypto directly — under US federal rules for appreciated property.
| Sell, then donate cash | Donate crypto directly | |
|---|---|---|
| Charity receives | $4,400 | $5,000 |
| Capital gains tax you pay | $600 | $0 |
| Estimated tax saved by the deduction | $1,056 | $1,200 |
Donating directly sends $600 more to the cause.
How the maths works
In the United States, crypto is treated as property. If you sell appreciated crypto, you owe capital gains tax on the gain, so less is left to give. If you instead donate the crypto directly to a qualified charity after holding it for more than a year, you generally owe no capital gains tax on it and may deduct its full fair market value if you itemize.
What this calculator does not cover
It ignores state taxes, the annual limits on charitable deductions (a percentage of your adjusted gross income), the paperwork for non-cash gifts above $500 (IRS Form 8283) and the qualified appraisal generally required above $5,000. Rules outside the United States are different.
This is an illustration, not tax advice. A deduction is only available for gifts to an organization that is tax-exempt in your jurisdiction — confirm the status of any charity, including TraceGood, before relying on one, and speak to a qualified tax professional.
Read: are crypto donations tax-deductible?
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