Tax Tax Loss Harvesting
Free online Tax Tax Loss Harvesting. Calculate the tax savings from harvesting investment losses to offset capital gains.…
Calculate the tax savings from harvesting investment losses to offset capital gains. A powerful year-end strategy to legally reduce your investment tax bill.
📐 Formula Used
Tax = Taxable Income × Tax RateEffective Rate = Total Tax / Gross IncomeNet = Gross Income - Total TaxWhen and Why to Use This Calculator
Use this tax calculator for planning purposes to estimate your tax liability and identify savings opportunities. Always consult a qualified tax professional for advice specific to your situation.
Worked Example
Realising $15,000 in investment losses against $15,000 in gains: tax savings at 15% capital gains rate is $2,250. At 20% rate the savings is $3,000. Losses must be realised in the same tax year.
How to Use This Calculator
- Step 1 — Enter your values into the fields above.
- Step 2 — Press Calculate to see your result instantly.
- Step 3 — Review the formula to understand how the result was reached.
- Step 4 — Use Copy Result to copy your answer, or Reset to start over.
No sign-up required. The Tax Tax Loss Harvesting is completely free on any device.