Tax-loss harvesting, free
See which coins are worth less than you paid, largest loss first, and how much of this year's realized gain selling them would offset. Read from your own transactions, on every plan.
What the finder shows
In Planning, on the Harvest tab, worked out from your ledger.
What you have already made this year by selling or swapping: the gain there is to offset.
Every holding worth less than it cost, with its quantity, cost, value now and the loss, largest first.
A running total down the list, and how many positions it would take to offset this year's gain.
How tax-loss harvesting works
When you sell a coin for less than you paid, the loss can count against gains you made in the same tax year. Harvesting means doing that on purpose: selling a coin that is down so its loss offsets a gain you have already taken.
For example, say you sold one coin this year for a $1,000 gain, and you hold another that is now $400 below what you paid. Selling the second turns that $400 into a realized loss, and your net gain for the year becomes $600.
The finder does the looking for you. It reads this year's sales and your current holdings from your transactions, then lists the holdings that are under water, largest loss first, with a running total against your gain. It never sells anything.
Before you sell
- The losses are unrealized: nothing on the list counts until you sell.
- The finder uses each holding's average cost across your portfolios. Your tax report uses each portfolio's own cost basis method, so the two can differ.
- Rules differ by country. Some limit a loss when you buy the same asset back soon after selling it: the UK has a 30-day rule for crypto, and in the US the wash sale rule is written for stocks and securities. The finder does not model these rules.
- Coinfolytics tracks your numbers; it is not tax advice. Check with your accountant before you act.
Questions
Find your losses before the year ends
Free on every plan, with no limit on your transactions.