SwitchWizeFinancial Decisions, Made Clearer

Tax-Loss Harvesting Scenario Calculator

Screen how entered investment losses may offset entered gains, ordinary income, and future years under simplified federal netting assumptions.

Quick answer: Tax-loss harvesting can offset capital gains first, then up to $3,000 of ordinary income per year. Extra losses generally carry forward, subject to wash-sale rules.

SWReviewed by SwitchWize Research Desk · Last reviewed July 20, 2026
Estimated Current-Year Tax Effect
$2,870
Estimated Current-Year Tax Effect
$2,870
Losses Applied Against Entered Gains
$10,000
Net Loss After Entered Gains
$5,000
Loss Applied Against Ordinary Income
$3,000
Simplified loss use
Simplified Loss Carryforward
$2,000
Diagnostic

The modeled current-year tax effect is $2,870, using $10,000 against gains and $3,000 against ordinary income.

The simplified carryforward is $2,000. Verify capital-gain character and netting order before acting.

Compare brokerage accounts
What to do next

Compare Top Brokerage Accounts

Your action plan
  1. 1

    Calculate the baseline result with your current numbers

    Screen how entered investment losses may offset gains, ordinary income, and future years.

  2. 2

    Check the assumptions before using the result for a high-stakes decision

    Assumptions change the answer, especially when rates, taxes, or timing matter.

  3. 3

    Save the result to Money Map or use the linked next action

    Turn the result into a prioritized action instead of treating it as a one-off number.

Compare Top Brokerage Accounts

This is an educational estimate, not tax, legal, investment, or lending advice. Tax rules, rates, and eligibility change and depend on your full situation. Confirm with a qualified professional or the provider before acting.

Calculator action path

Turn this result into a decision

Every SwitchWize calculator connects to a product comparison, rate context, guidance, alerts, and Money Map.

Rate authority hub
Compare
You could gain ~$2,870/yr — compare nowMove from calculation to current product options.
Rate Trend
Track fed fundsUse market context before you decide when to act.
Guide
The Three-Fund Portfolio: Bogleheads' Simplest Strategy ExplainedThe three-fund portfolio explained: US stocks, international stocks, and bonds in three low-cost index funds. See why Bogleheads consider it enough.
Money Map
Map this $2,870/yr opportunitySave this opportunity and see how it fits your broader money plan.
Alert
Create a rate alertWatch the market instead of checking manually.
Free to embed

Add this calculator to your site

Paste this snippet into any page. No account or API key required, the widget is responsive, and it updates with live rates. A SwitchWize attribution link is included in the embed automatically.

<iframe src="https://www.switchwize.com/embed/tax-loss-harvesting?source=embed_selfserve" width="100%" height="680" loading="lazy" style="border:1px solid #e2e8f0;border-radius:14px;max-width:100%;width:100%" title="SwitchWize calculator"></iframe>
<script>(function(){window.addEventListener("message",function(e){if(e.origin!=="https://www.switchwize.com")return;var d=e.data;if(!d||d.type!=="sw-embed-resize")return;var f=document.getElementsByTagName("iframe");for(var i=0;i<f.length;i++){if(f[i].contentWindow===e.source){f[i].style.height=d.height+"px";break;}}});})();</script>

Frequently Asked Questions

Everything you need to know.

What does the Tax-Loss Harvesting Scenario Calculator show?
Screen how entered investment losses may offset entered gains, ordinary income, and future years under simplified federal netting assumptions.
How should I use the result?
Use the result as a planning and comparison aid. Review the assumptions, adjust your inputs, and compare the output with your actual options before acting.
What should I do after using this calculator?
Use the related links and next-action modules on the page to compare products, continue in Money Map, or review related guidance on SwitchWize.
Is the Tax-Loss Harvesting Scenario Calculator free to use?
Yes. SwitchWize calculators are free, and you do not need an account to run scenarios or view the result.
Does using the Tax-Loss Harvesting Scenario Calculator affect my credit score?
No. Using a calculator does not trigger a credit check. A credit impact can occur only if you apply directly with a lender, card issuer, or provider.
Are the results personalized financial advice?
No. Calculator outputs are educational estimates based on the inputs you enter. Review assumptions and confirm terms directly with providers before making a financial decision.
What should I do after seeing the result?
Use the recommendation module on this page to compare top brokerage accounts, or run Money Map to compare this investing & retirement decision with your other opportunities.
How does SwitchWize choose related offers?
Related offers are matched by the calculator surface (brokerage) and ranked using SwitchWize data such as rate, fees, trust signals, product fit, and switching friction. Paid relationships do not change organic ranking order.
How fresh are the rates and offers shown?
Rate and offer data is reviewed on a recurring cadence and every offer module shows review context or links to the methodology and disclosure pages.
Where can I see the ranking methodology?
The SwitchWize methodology page explains how rate freshness, editorial review, affiliate disclosure, and category ranking factors work.
Can Money Map use this result?
Yes. Money Map is the broader diagnostic path: it compares savings, mortgage, cards, and debt so you can see whether this calculator result is your highest-impact next move.

Why This Matters

Tax-Loss Harvesting Scenario Calculator helps users make a investing & retirement decision with clearer numbers, assumptions, and next actions.

How to Use It

  1. 1Enter your numbers in the input panel.
  2. 2Review the live results and interpretation on the right.
  3. 3Use the compare outputs to compare options or plan the next step.
  4. 4Use the related links below if you want to move from analysis to action.
Related calculators
Investment Fee Scenario Comparison CalculatorFederal Tax Bracket and Effective Rate CalculatorCapital Gains Tax Calculator
Compare Top Brokerage Accounts