Crypto Tax-Loss Harvesting Scenario Calculator
Illustrates the potential impact of offsetting capital gains with losses. Local tax laws vary greatly.
** VERY IMPORTANT - PLEASE READ **
- This calculator is for illustrative and educational purposes ONLY. It demonstrates a general concept of offsetting gains with losses.
- Tax laws for cryptocurrencies (Virtual Digital Assets - VDAs) are highly complex and vary significantly by jurisdiction (e.g., India, USA, etc.) and change frequently.
- Specifically for India (as of recent understanding): Rules generally do NOT allow losses from one VDA to be set off against gains from another VDA, nor against other income. Losses also typically cannot be carried forward.
- The ability to offset crypto gains with crypto losses, or crypto losses against other income, is **highly dependent on your local tax regulations.**
- This tool **DOES NOT provide tax advice.** You **MUST consult a qualified tax professional or chartered accountant in your jurisdiction** for accurate advice regarding your specific situation before making any financial or tax decisions.
Realized Capital Gains (This Tax Year)
Assets for Potential Tax-Loss Harvesting (Unrealized Losses)
Illustrative Tax Rate (Optional, for conceptual calculation only)
%