CoinProfitTools
Crypto profit, fee & risk calculators
Estimate how much tax you can save by using crypto losses to offset your crypto profits.
Crypto loss harvesting is a legal tax strategy where you use your cryptocurrency trading losses to reduce the tax you owe on your profits. If you made profit on one trade and loss on another, you can often subtract the loss from the profit to lower your total taxable amount.
A Crypto Loss Harvesting Calculator helps you estimate how much tax you can save by using your losses to offset your gains. This tool is helpful for traders who do many transactions and want to legally reduce their tax burden.
1. Enter your total crypto profit 2. Enter your total crypto loss 3. Enter your capital gains tax rate 4. Click “Calculate Loss Harvesting”
The calculator will instantly show:
• Your new taxable profit • Your estimated tax • How much tax you saved
In many countries, crypto loss harvesting is legal and encouraged as part of proper tax planning. However, tax rules vary by country, and wash-sale rules may apply. You can learn more from Investopedia here: What Is Tax Loss Harvesting?
Yes. In many regions, cryptocurrencies are treated as property, which means the same tax rules that apply to stocks often apply to crypto as well. Coinbase explains this clearly here: Understanding Crypto Taxes
Many traders focus only on profits and forget about losses. Smart traders use losses to:
• Reduce taxable profit • Save money on taxes • Improve long-term trading performance
• Loss harvesting rules are different in every country • Wash-sale rules may apply • Proper records are extremely important • Always confirm laws with a tax professional
The Crypto Loss Harvesting Calculator helps you plan your taxes smarter, reduce unnecessary tax payments, and keep more of your crypto profits legally. It is one of the most powerful tools for serious traders.
In many countries, yes. Crypto trading losses can often be used to reduce your taxable profits, which lowers your total tax bill.
The wash-sale rule prevents traders from selling an asset at a loss and immediately buying it again just to claim the tax loss. Rules vary by country.
Yes. In most countries, both profits and losses must be reported on your tax return. Losses help reduce your taxable gains.
This calculator gives an estimate only. Final tax results depend on your local tax laws and personal financial situation.
Yes. Especially if you trade large amounts, a crypto tax professional can help you stay fully compliant and reduce risk.