Free online tax loss harvesting calculator. Calculate tax savings by selling losing investments to offset capital gains. Enter loss amount, capital gains and tax rate to see your potential tax savings.
Zero dependencies · Works offline💡 Tax loss harvesting offsets capital gains with losses. Up to $3,000 in net losses can offset ordinary income per year (US rule).
Tax loss harvesting is the strategy of selling losing investments to offset capital gains and reduce taxable income.
Up to $3,000 of net losses can be deducted against ordinary income per year, with excess losses carried forward.
The Wash Sale rule disallows the loss deduction if you buy the same or substantially identical security within 30 days before or after the sale.
Using the Tax Loss Harvesting Calculator is simple:
Tax Loss Harvesting Calculator | No registration · Data never leaves your device