52.25 $
-0.02% -0.01 $
52.25 $
-0.02% -0.01 $
Enter your Litecoin buys and sells. Get FIFO cost basis, realized capital gains, and a short-term versus long-term breakdown. Everything runs in your browser — nothing is uploaded.
| Date | Type | Amount (LTC) | Price/LTC | Fee | Total | |
|---|---|---|---|---|---|---|
| No transactions yet. Add a buy or sell above, or load the example. | ||||||
Every time you sell, swap, or spend Litecoin, most tax authorities treat it as a disposal and tax the gain. The gain is the proceeds minus your cost basis — what you originally paid, including fees. This calculator matches each sale against your earliest purchases using the first-in-first-out (FIFO) method, the default most jurisdictions accept, and splits the result into short-term gains (coins held under a year) and long-term gains (held a year or more), since many countries tax the two at different rates.
Add each buy and sell with its date, the amount of LTC, the price per coin in your currency, and any fee. The tool runs entirely in your browser and saves nothing to a server. Use the export button to download a CSV you can hand to an accountant or import into tax software.
This is an estimator, not a filing. It does not apply your country's specific tax rates, does not handle wash-sale or bed-and-breakfasting rules, and does not track income events like mining rewards, staking, or airdrops, which are usually taxed as ordinary income at the time received. It also assumes a one-year long-term threshold; some jurisdictions use a different period or none at all. Always confirm with a qualified professional before you file.
Planning future trades? Model entry points on the price forecast, track your live position with the portfolio tracker, and compare disposal costs on the fee tracker.
In most countries, selling, swapping, or spending Litecoin is a taxable disposal and you owe capital gains tax on the profit over your cost basis. Assets held under a year are often taxed more heavily than those held longer. Rules vary by country, so confirm locally.
FIFO (first in, first out) assumes the earliest Litecoin you bought is the first you sell, so your gain is the sale price minus the cost of those oldest coins. It is the most widely accepted default, though some places also allow specific identification or average cost.
Generally no. Buying and holding is usually not taxable. Tax is typically triggered when you sell, trade for another coin, or spend it. Verify against your local rules.
It computes FIFO realized gains with a one-year short/long-term split, matching the US and many other jurisdictions. It ignores local rates, wash-sale rules, gifting, and income events, so treat the output as an estimate, not a return.