Investment Loss Deduction Planner

Capital losses can offset capital gains dollar-for-dollar. If your losses exceed your gains, up to $3,000 can deduct against ordinary income annually — with the rest carried forward indefinitely. This planner calculates your net position, current-year deduction, and the carryforward schedule so you know how long it will take to fully utilize large losses.

Short-Term Capital Gains ($)

Short-Term Capital Losses ($)

Long-Term Capital Gains ($)

Long-Term Capital Losses ($)

Prior Year Carryforward Loss ($)

Ordinary Income Tax Rate (%)

Projected Annual Capital Gains (future yrs) ($)

Net Short-Term Gain/(Loss)

Net Long-Term Gain/(Loss)

Combined Net Gain/(Loss)

Current-Year Ordinary Income Deduction

Tax Saved This Year

Carryforward to Next Year

Wash sale rule: if you sell a security at a loss and buy the same or "substantially identical" security within 30 days before or after, the loss is disallowed. Wait 31 days, or swap into a similar (but not identical) ETF to maintain market exposure while preserving the loss.

Investment Loss Deduction Planner

Loss Carryforward Schedule