Cost Basis LIFO Calculator
Calculate your cryptocurrency cost basis using the LIFO (Last-In-First-Out) method. Most recent purchases are sold first.
Purchase History
Lot #1
$
Lot #2
$
Lot #3
$
Sale Details
$
LIFO Method: Sells your most recently purchased coins first. This often results in higher cost basis when prices are rising.
Total Gain (LIFO)
+$4,000
Cost Basis: $14,000
💵Sale Proceeds
$18,000
📊Cost Basis
$14,000
📈Avg Cost/Unit
$35,000
🪙Remaining
0.6000
Lots Used (LIFO Order)
2024-02-10Short-term
0.2000 @ $42,000
Cost: $8,400
2023-06-20Long-term
0.2000 @ $28,000
Cost: $5,600
LIFO vs FIFO Comparison
LIFO Gain/Loss$4,000
FIFO Gain/Loss$10,000
LIFO AdvantageLower gain by $6,000
Tax Treatment
Short-Term Gain/Loss$600
Long-Term Gain/Loss$3,400