- From 2026, Ohio taxes nonbusiness income above $26,050 at a flat 2.75% (House Bill 96).
- For 2025, the rates were 2.75% and a top rate of 3.125% on income over $100,000.
- Crypto gains are part of Ohio income. There's no separate capital gains rate or long-term discount.
- Municipal income taxes generally don't tax investment gains.
- School district income taxes on the "traditional" base can include capital gains.
How Ohio Taxes Crypto
Ohio starts with your federal adjusted gross income, which already includes crypto gains from your federal Form 8949 and Schedule D, and any crypto income such as staking rewards. After Ohio's adjustments, nonbusiness income is taxed under the state schedule.
The 2025 state budget (House Bill 96) moved Ohio to a flat structure. For tax year 2026, there's no tax on the first $26,050 of nonbusiness taxable income, and 2.75% applies above that.
Ohio Crypto Tax Calculator (2026)
Free crypto tax calculator for Ohio: estimate the federal capital gains tax and Ohio state tax on a crypto sale, using 2026 tax brackets.
Example
Bought crypto for $5,000 and sold it for $8,000 after holding it more than a year. Single filer, $60,000 income: $3,000 long-term gain, estimated federal tax about $0 because the whole gain falls in the 0% long-term bracket (2026 brackets). Ohio adds about $82.
Enter your own numbers and press "Calculate my crypto tax". Nothing you type leaves your browser.
Estimate only. Not tax advice.
How to report a crypto sale on Form 8949 →How this calculator works, with worked examples →
Ohio Rates: 2025 vs 2026
| Nonbusiness taxable income | 2025 | 2026 |
|---|---|---|
| $0 – $26,050 | 0% | 0% |
| $26,051 – $100,000 | 2.75% | 2.75% |
| Over $100,000 | 3.125% | 2.75% |
Simplified. Ohio's official schedule adds a fixed dollar amount at each bracket. Use the Ohio IT 1040 instructions for the year you file.
Worked Examples (2026)
Example 1: $15,000 gain, $80,000 of other Ohio taxable income
The gain is taxed at 2.75%: about $413 of Ohio tax. Federal tax adds $2,250 at 15% if the coins were held more than a year.
Example 2: the same gain in 2025
In 2025, income over $100,000 was taxed at 3.125%. The gain takes income from $80,000 to $95,000, still under $100,000, so the rate was 2.75% then too. A larger gain pushing income past $100,000 would have paid 3.125% on the part above that line in 2025, but only 2.75% in 2026.
Example 3: retiree with little other income
A retiree with $10,000 of Ohio taxable income sells coins for a $12,000 gain. Total income of $22,000 stays under $26,050, so Ohio tax on the gain is $0.
City and School District Taxes
Ohio has two layers of local income tax, and they treat crypto differently:
- Municipal income tax (Columbus, Cleveland, Cincinnati, and hundreds of other cities) applies to wages and business net profits. Intangible income such as capital gains is generally excluded, so selling crypto as an investment usually doesn't trigger city tax.
- School district income tax exists in about 200 districts. Districts on the traditional base tax Ohio taxable income, which includes capital gains. Districts on the earned income base tax only wages and self-employment income. Check your district with Ohio's online lookup.
How to Report Crypto on Your Ohio Return
- Complete your federal return, including Form 8949 and Schedule D.
- File the Ohio IT 1040. Your federal AGI carries your crypto gains in.
- If you live in a school district with an income tax, file the SD 100.
- Make estimated payments if a large gain leaves you under-withheld.
Federal + Ohio Combined Crypto Tax Rate
The rate that matters is the combined rate on your next dollar of crypto gain: federal plus state. The table shows approximate 2026 rates for a single filer at two income levels. Ohio's 2026 rate is a flat 2.75% above $26,050 of nonbusiness income; school district tax, where it applies, is extra.
| Taxable income (single) | Short-term gain (held ≤ 1 year) | Long-term gain (held > 1 year) |
|---|---|---|
| $60,000 | 24.8% | 17.8% |
| $250,000 | 38.5% | 21.6% |
Federal: 22% / 15% at $60,000, and 32% / 15% plus the 3.8% Net Investment Income Tax at $250,000, from the IRS 2026 brackets. Marginal rates only. Your average rate on the whole gain can be lower. See our federal crypto tax guide for the full brackets.
Ohio Crypto Tax FAQ
What is Ohio's tax rate on crypto in 2026?
Ohio taxes nonbusiness income, including crypto gains, at a flat 2.75% above $26,050 for 2026. Income up to $26,050 isn't taxed. There's no separate capital gains rate.
Do Ohio cities tax crypto gains?
Generally no. Ohio municipal income taxes apply to wages and business profits, and intangible income such as capital gains is generally excluded. Some school district income taxes do include capital gains.
Does Ohio have a long-term capital gains discount?
No. Ohio taxes short-term and long-term crypto gains at the same rate. The federal long-term discount still applies on your IRS return.
What was Ohio's top rate for 2025?
For 2025, Ohio's top rate was 3.125% on nonbusiness income over $100,000, with 2.75% between $26,050 and $100,000. From 2026 the whole band above $26,050 is taxed at 2.75%.
What is the combined federal and Ohio tax rate on crypto?
For a single filer with $60,000 of taxable income, the combined federal and Ohio rate on additional crypto gains is about 24.8% short-term and 17.8% long-term in 2026. At $250,000, including the 3.8% Net Investment Income Tax, it is about 38.5% short-term and 21.6% long-term.
Sources
Written by Asad Shaikh
Founder of StartCryptoNow. Nine years researching, trading, and teaching crypto; BSCS from Virtual University of Pakistan. Every tax figure is checked against IRS and state revenue publications. Our editorial policy.