Specific Identification Calculator

Choose exactly which cryptocurrency lots to sell. Optimize your tax outcome by selecting specific purchase lots.

Select Lots to Sell

Lot #1

Purchase Date

Total Amount

Price per Unit

Amount to Sell from this Lot

Available: 0.5

Gain/Loss per unit: $22,000

Lot #2

Purchase Date

Total Amount

Price per Unit

Amount to Sell from this Lot

Available: 0.3

Lot #3

Purchase Date

Total Amount

Price per Unit

Amount to Sell from this Lot

Available: 0.2

Gain/Loss per unit: $4,000

Sale Details

Sale Date

Sale Price per Unit

Total Gain

+$7,000

Selling 0.4000 units

💵Total Proceeds

$16,800

📊Cost Basis

$9,800

📈Avg Cost/Unit

$24,500

🪙Remaining

0.6000

Selected Lots

2023-01-15Long-term

0.3000 @ $20,000

+$6,600

2024-02-10Short-term

0.1000 @ $38,000

+$400

Tax Treatment

Short-Term Gain/Loss$400

Long-Term Gain/Loss$6,600

Optimization Tip: By selecting different lots, you could reduce your gain by $7,500. Consider selling lots with higher cost basis first.

Record Keeping: When using specific identification, you must document which lots you're selling at the time of sale. Keep records of the date, amount, and cost basis for each lot.

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Related Calculators

Cost Basis FIFO

First-In-First-Out

Cost Basis HIFO

Highest-In-First-Out

Tax Loss Harvesting

Harvest losses

Editorial Note

MyCalcBuddy Editorial Team

This page is maintained as an educational calculator reference.

ðŸ“š

Formula Source: Standard Mathematical References

by Various

ðŸ”„Last reviewed: May 2026

âœ“Formula checks are based on standard references and internal QA review.