Tools · Tax-Loss Harvesting
Tax-loss harvesting:
turn volatility into tax savings.
Bitcoin's volatility creates tax opportunities most people miss. Enter your position and see exactly how much you would save by harvesting a loss, then immediately rebuying at the same price.
This page covers US-specific accounts and tax law. Outside the US? The priority order is the same, the account names differ (ISA in the UK, TFSA/RRSP in Canada, Super in Australia, etc.).
NET TAX SAVINGS
$0
···
UNREALIZED POSITION
$0
GROSS TAX OFFSET
$0
BEFORE & AFTER
BEFORE HARVEST
AFTER HARVEST + REBUY
WASH-SALE RULE STATUS verify×DON'T TRUST, VERIFYClaim: Wash-sale rule does not currently apply to Bitcoin per IRS treatment of virtual currency as property.Verify at: IRS Notice 2014-21 ↗ · congress.gov for pending legislation ↗Several bills have proposed extending wash-sale rules to crypto. Verify current law before acting.
The wash-sale rule does not currently apply to Bitcoin. You can sell at a loss and immediately rebuy at the same price and still claim the tax loss. This could change. Several bills have proposed extending wash-sale rules to cryptocurrency. Verify current law before acting.
What this tool assumes
- Wash-sale rule: you cannot buy substantially identical security 30 days before or after.
- Harvested losses offset capital gains first, then up to $3,000 of ordinary income per year.
Not financial or tax advice. US tax law. Consult a CPA.
HOW THIS IS CALCULATED
This tool runs entirely in your browser — no data is sent to any server. All formulas use standard financial math. Verify the methodology or inspect the source code in your browser's dev tools.