How to use this calculator
- Enter the inputs using consistent units.
- Review rate, timing, and scope assumptions.
- Select Calculate to update every result.
- Change one assumption at a time to compare scenarios.
#3306 · Finance Tool
Tax Loss Harvesting Withdrawal Schedule Calculator
Build a simple annual withdrawal schedule for a tax-loss-harvesting benefit account. The model grows the reinvested tax savings, applies a fixed withdrawal at the beginning of each year, and estimates how long that benefit pool lasts.
Calculator
Enter assumptionsFormula
Balancet = (Balancet−1 − withdrawal) × (1 + return)
Withdrawals occur at the beginning of each year and cannot exceed the available balance.
What the result means
The ending balance tracks only reinvested tax savings, not the replacement investment or tax due at its eventual sale.
This is an educational estimate, not tax, legal, or investment advice. Tax rules, eligibility, account ordering, and state treatment vary; confirm decisions with a qualified professional.
Example calculation
A $20,000 harvested loss at 30% creates a $6,000 pool. With $1,000 beginning-of-year withdrawals and 5% growth, the balance after 10 years is $0 because the pool is depleted during the schedule.
Tips for better results
- Keep units consistent from input through result.
- Use unrounded values during the calculation and round only the displayed result.
- Run a conservative and an optimistic scenario before acting.
- Document assumptions so the estimate can be reproduced.
Frequently asked questions
Are withdrawals modeled at the start or end of each year?
They are modeled at the beginning of each year, before growth.
Can the modeled balance go below zero?
No. A withdrawal is capped at the available balance.
Does the schedule include future capital-gains tax?
No. It tracks only the tax-benefit pool; future tax should be modeled separately.
Why can total withdrawals be less than requested?
The benefit pool may run out before the full schedule is complete.
Can a negative return be entered?
Yes, provided it is greater than -100% per year.
Related calculators
Withdrawal timing
| Stage | Action |
|---|---|
| Start of year | Withdraw up to the requested amount |
| End of year | Apply the annual return |
| Depletion | Stop withdrawals when balance reaches zero |