Finance & Economics / Blockchain & Crypto

Crypto Tax Loss Harvesting Calculator

2024 Capital Gains

Crypto Loss Positions

Loss: $2,000

Tax Loss Harvesting Guide

How It Works:
  • Sell crypto assets at a loss before Dec 31
  • Offset capital gains dollar-for-dollar
  • Offset up to $3,000 of ordinary income
  • Carry forward unlimited losses to future years
Wash Sale Rule:
  • Currently does NOT apply to crypto (as of 2024)
  • You can immediately rebuy the same asset
  • This may change with future legislation
Strategy Tips:
  • Review portfolio in November/December
  • Prioritize short-term losses (higher tax rate)
  • Keep detailed records of all transactions
  • Consider rebalancing to similar assets

Disclaimer: This calculator provides estimates only. Consult a tax professional for personalized advice. Tax laws change frequently.