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Crypto Tax Reporting (Made Easy!) - coin2talk.org / coin2talk.org - Full Review!In California, sales and use tax does not apply to the purchase or sale of virtual and cryptocurrencies. Virtual and cryptocurrencies are not. In California, there is no separate or lower rate for capital gains tax like there is at the federal level. Instead. Use our crypto tax calculator below to determine how much tax you might pay on crypto you sold, spent or exchanged.