Tax-loss harvesting calculator
Tax-loss harvesting is abbreviated as TLH below.
This calculator estimates potential benefits of tax-loss harvesting (TLH).
For more information, see our article on tax-loss harvesting or
checkout Tom Wheelwright's book
Consult a tax advisor for more details, including the wash-sale rule and other tax impacts.
The information below may be useful when using this calculator.
- An asset sold within a year of purchase is typically taxed as ordinary income (23% on average) and called a short-term gain/loss.
This may be about twice the tax rate you pay on long-term sales, and is 10 to 37% at the time of this writing,
depending on your tax bracket.
- An asset held longer than a year is typically subject to long-term capital gains taxes, typically 15%.
These are 0 to 20% at the time of this writing—often roughly half the short-term rate.