How Much Could You Save?
Bitcoin's volatility isn't just risk—it's opportunity. Every dip is a chance to harvest tax losses while maintaining your position. See what that means for your portfolio.
Your Investment
2024 single filer: $95,376 - $191,950
Estimated Tax Savings
Total savings over 3 years
$337
That's $112 per year back in your pocket
Annual Investment
$6,000
Est. Annual Losses Harvested
$360
Year 1 Tax Savings
$86
Your Tax Rate
24%
Year-by-Year Projection
How We Calculate Your Savings
Track Your Lots
Each time you buy Bitcoin, it creates a "lot" with a specific cost basis. We track every lot individually to identify harvesting opportunities.
Identify Losses
When Bitcoin dips, some of your lots fall below their purchase price. Historically, BTC experiences 10-15 significant dips (8%+) per year.
Harvest & Rebuy
We sell the losing lot and immediately repurchase. You keep your Bitcoin position but lock in a tax-deductible loss. No wash sale rules for crypto.
Our Assumptions
These estimates are based on historical Bitcoin volatility patterns. Your actual results may vary.
Historical Volatility
- • Bitcoin averages 10-15 dips of 8%+ per year
- • Average recoverable loss per qualifying lot: ~10%
- • Approximately 60% of lots qualify for harvesting annually
Tax Assumptions
- • Short-term capital gains taxed as ordinary income
- • Losses offset gains dollar-for-dollar
- • Up to $3,000 in excess losses deductible against income
Ready to Start Harvesting?
Connect your exchange and let CoinHarvest automatically capture these savings for you.
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