Terms of Service & Privacy Policy
Last Updated: December 20, 2025
1. Acceptance of Terms
By accessing and using the USA IRS Crypto Tax Calculator ("the Service"), you accept and agree to be bound by the terms and provision of this agreement. If you do not agree to abide by the above, please do not use this service.
2. Use License
Permission is granted to temporarily use the USA IRS Crypto Tax Calculator for personal, non-commercial transitory viewing only. This is the grant of a license, not a transfer of title, and under this license you may not:
- Modify or copy the materials
- Use the materials for any commercial purpose or for any public display
- Attempt to decompile or reverse engineer any software contained on the Service
- Remove any copyright or other proprietary notations from the materials
3. IRS Cryptocurrency Tax Compliance
3.1 Tax Calculation Accuracy
The USA IRS Crypto Tax Calculator is designed to assist users in estimating their cryptocurrency capital gains tax obligations based on current IRS regulations. However, this tool:
- Does not constitute tax advice
- Should not be used as a substitute for professional tax consultation
- May not account for all individual circumstances or recent regulatory changes
- Users are responsible for verifying calculations with qualified tax professionals
3.2 IRS Regulations
This calculator adheres to the following IRS cryptocurrency tax regulations:
- Capital Gains Treatment: Cryptocurrency is treated as property for tax purposes (IRS Notice 2014-21)
- Holding Period: Assets held more than 365 days qualify for long-term capital gains rates
- Short-term Rates: Ordinary income tax rates apply to assets held 365 days or less
- Long-term Rates: 0%, 15%, or 20% based on income brackets (as of 2023)
- Reporting Requirements: All cryptocurrency transactions must be reported on Form 8949 and Schedule D
4. Privacy Policy
4.1 Information Collection
We collect information you provide directly to us, such as when you use our tax calculator or contact us for support. This may include:
- Tax calculation inputs (purchase price, sale price, holding period)
- Contact information for support purposes
- Usage data and analytics
4.2 Data Security
We implement appropriate technical and organizational security measures to protect your personal information against unauthorized access, alteration, disclosure, or destruction. All tax calculation data is processed locally in your browser and is not stored on our servers.
4.3 Data Sharing
We do not sell, trade, or otherwise transfer your personal information to third parties without your consent, except as described in this policy. We may share information only:
- To comply with legal obligations
- To protect our rights and prevent fraud
- With service providers who assist our operations
5. Cryptocurrency Tax Reporting Requirements
5.1 IRS Form 8949
All cryptocurrency transactions must be reported on Form 8949. This includes:
- Sales or exchanges of cryptocurrency for fiat currency
- Trades of one cryptocurrency for another
- Use of cryptocurrency to purchase goods or services
- Mining or staking rewards
5.2 Schedule D
Capital gains and losses from Form 8949 are summarized on Schedule D and reported on your Form 1040.
5.3 Cost Basis Tracking
Taxpayers must track the cost basis of their cryptocurrency holdings using one of the following methods:
- FIFO (First In, First Out): Default method
- Specific Identification: Track specific coins
- LIFO (Last In, First Out): Alternative method
- Average Cost: For certain qualified funds
6. Anti-Money Laundering and Counter-Terrorism Compliance
6.1 Source of Funds for Tax Payments
In compliance with anti-money laundering (AML) laws and counter-terrorism financing regulations, users are strictly prohibited from using profits earned from their cryptocurrency investments to pay for tax withdrawal dues. All funds used for tax payments must originate from legitimate sources outside of the profit account or cryptocurrency wallet that generated the taxable gains.
This requirement ensures compliance with:
- Bank Secrecy Act (BSA) and related AML regulations
- USA PATRIOT Act counter-terrorism financing provisions
- Financial Action Task Force (FATF) recommendations
- IRS regulations on source of funds verification
Users must maintain separate accounts or funding sources for tax payments to avoid any appearance of money laundering or terrorist financing activities. Failure to comply with these requirements may result in account suspension, reporting to regulatory authorities, or legal consequences.
6.2 Acceptable Payment Sources
Tax payments must be made from:
- Bank accounts not associated with cryptocurrency trading profits
- External funding sources unrelated to the taxable cryptocurrency activities
- Legitimate income from employment, business, or other non-cryptocurrency sources
- Separate wallet addresses not containing profits from the reported transactions
The USA IRS Crypto Tax Calculator reserves the right to verify the source of funds for tax payments and may request documentation to ensure compliance with AML and counter-terrorism regulations.
7. Limitation of Liability
The USA IRS Crypto Tax Calculator is provided "as is" without warranties of any kind. We shall not be liable for any direct, indirect, incidental, consequential, or punitive damages arising from your use of this service.
Tax calculations provided by this tool are estimates only and should not be considered final tax determinations. Always consult with a qualified tax professional for your specific tax situation.
8. Governing Law
These terms shall be governed by and construed in accordance with the laws of the United States, specifically IRS regulations and federal tax law. Any disputes shall be resolved in the appropriate federal or state courts.
9. Changes to Terms
We reserve the right to modify these terms at any time. Changes will be effective immediately upon posting on this page. Your continued use of the service constitutes acceptance of the modified terms.
10. Contact Information
For questions about these terms or the tax calculator, please contact us through the appropriate channels.