Inheritance Tax Calculator
Calculate taxes on inherited cryptocurrency
Inherited Crypto Details
This is your new cost basis - prior gains are eliminated
Estate Information (Optional)
Tax Analysis
Capital gains you DON'T have to pay thanks to inheritance
Why Inheritance Beats Gifts
Inheritance Tax FAQ
My parent bought BTC at $100, now $95K. What's my basis?
$95,000 per BTC (date-of-death value). That $94,900 gain? Gone. You only pay tax on gains after you inherited it.
Is the stepped-up basis automatic?
Yes, but YOU need to document it. Record the death date and FMV. The IRS won't do this for you - keep proof.
What if crypto dropped after death?
You still get stepped-up basis at death value. If you sell lower, you have a capital loss you can deduct.
Does this work for all crypto?
Yes - BTC, ETH, altcoins, NFTs. IRS treats all as property. Same stepped-up basis rules apply.
What about crypto in a trust?
Depends on trust type. Revocable trusts = stepped-up basis. Irrevocable trusts = complicated. Ask an estate attorney.
My state has inheritance tax - now what?
Spouses usually exempt. Direct descendants often get low rates or exemptions. Distant relatives/non-family pay more.
How do I actually get the inherited crypto?
Executor transfers from deceased's wallet. Need private keys or exchange account access. Estate lawyer helps with probate.
What if the original cost basis is unknown?
Doesn't matter for inheritance! Your basis is death-date FMV regardless. Original basis only matters for gifts.
Can I disclaim the inheritance?
Yes, within 9 months. It passes to the next beneficiary. Might make sense for estate planning in some situations.
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