How Much Tax Do You Owe on Your Crypto Gains?
German crypto tax under §23 EStG: FIFO method, 1-year holding rule, €1,000 threshold — taxed at personal income tax rate.
Purchases (Lots)
Purchase 1
Purchase 2
Sale
Taxation
0 %45 %
Taxable
Note: the sale spans lots with holding > 1 year (tax-free) AND ≤ 1 year (taxable). Only the short-term portion is taxed.
FIFO (First-In-First-Out): the oldest purchase is matched against the sale first — decisive for the holding period.
Threshold: Gains up to €1,000 per year are tax-free. From €1,000.01 the entire gain becomes taxable.
Staking, lending and mining are taxed differently (§22 No. 3 EStG) — not covered here.
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Note: Calculation per §23 EStG (as of 2026). €1,000 threshold since 2024 (previously €600). Losses only deductible within §23. This is an estimate — consult a tax advisor for complex situations.