How much can tax-loss harvesting save?

By offsetting capital gains, you defer or eliminate tax on gains. On $50,000 in realized gains at 23.8% rate, harvesting losses saves up to $11,900 in a single year.

What is the wash-sale rule?

You cannot repurchase a substantially identical security within 30 days before or after selling at a loss. Workaround: buy a similar but different ETF to maintain market exposure.

Can unused losses carry forward?

Yes. Capital losses first offset capital gains, then up to $3,000 of ordinary income per year. Unused losses carry forward indefinitely until offset or used against future gains.

Tax-Loss Harvesting Benefit Calculator

Calculate the tax savings from harvesting investment losses to offset capital gains. Includes wash-sale rule implications and timing considerations.

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