Tax Tools

Tax Loss Harvesting for NFTs and Tokens

Tax loss harvesting helps reduce your taxes by selling investments at a loss to offset your gains.

How Tax Loss Harvesting Works

  1. Find NFTs or tokens in your wallet that you paid a high price for but are now essentially worthless.
  2. Sell these assets through Harvest.art to lock in the loss
  3. Use these losses to potentially reduce taxes on your investment gains.
  4. Talk to your CPA about it. If you don't have one, we recommend the crypto-native CPAs at WAGMI.Tax
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Tax Loss Calculator

Original Estimated Tax:$0.00
Unrealized Loss:$0.00
Tax After Harvesting:$0.00
Potential Savings:$0.00

The information provided on this page is for general informational purposes only and should not be considered as tax, accounting, or legal advice. While we recommend these services based on our experience, we encourage you to conduct your own research and consult with qualified professionals regarding your specific tax situation. Harvest.art participates in affiliate programs and may receive a commission for referrals if you sign up through the links provided.