Capital Gains & Loss Strategy Tool
Master Your Investment Tax Strategy
This tool helps you understand how capital gains and losses are taxed. Add your transactions to see the benefits of long-term rates and learn how to use losses to your advantage.
Capital Gains & Loss Calculator
Add your asset sales below to calculate the gain or loss for each. The tool will automatically classify them as short-term or long-term and show you the final netted result.
Your Transactions
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Net Result & Tax Impact
Long-Term Capital Gains Tax Rate Finder
Your long-term capital gains are taxed at preferential rates (0%, 15%, or 20%). Enter your filing status and estimated taxable income for 2024 to see which rate applies to you.
Understanding Disallowed Losses
Not all capital losses can be deducted immediately. The "Wash Sale Rule" is the most common reason a loss might be disallowed. Use the calculator below to see how it works.
Wash Sale Rule Calculator
If you sell a security at a loss and buy it back within 30 days (before or after), the loss is disallowed for now, but it's added to the basis of your new purchase.
Other Disallowed Losses
- Related-Party Losses: Losses from sales to family members or controlled entities are disallowed. The benefit can sometimes be recovered by the buyer upon a future sale.
- Personal Losses: Losses on the sale of personal-use assets like your home or car are not deductible.
