How Koinly Helps You Maximize Crypto Tax Loss Harvesting in 2026

Ameli

— 2 min read

Introduction

  • Briefly explain what tax loss harvesting is in cryptocurrency (selling assets at a loss to offset taxable gains).
  • Emphasize how this strategy has grown in importance as crypto markets become more volatile.
  • Introduce Koinly as a tool that simplifies tracking and identifying tax loss harvesting opportunities.

1. What Is Tax Loss Harvesting?

  • Define tax loss harvesting in simple terms.
  • Explain how it works specifically for crypto (including DeFi, NFTs, and tokens).
  • Why crypto tax loss harvesting can make a big difference for end‑of‑year tax bills.

2. Why Crypto Tax Loss Harvesting Is More Complex Than Stocks

  • Multiple wallets, chains, and decentralized markets.
  • Frequent small trades and swaps can mask loss vs gain.
  • NFTs and nonstandard assets add another layer of complexity.

3. How Koinly Helps You Spot Tax Loss Harvesting Opportunities

3.1. Accurate Real‑Time Profit & Loss Tracking

  • Koinly automatically calculates your unrealized and realized gains/losses.
  • Shows which assets are currently underwater.

3.2. Tax Reports That Highlight Loss Positions

  • Generate reports that reveal where you’ve incurred losses.
  • Use these insights to decide which positions to trigger for tax benefits.

3.3. Automatic Transaction Import & Categorization

  • API imports, wallet syncs, and smart categorization make sure nothing is missed.
  • Keeps calculations accurate even with complex DeFi activity.

4. Step‑by‑Step: Using Koinly for Tax Loss Harvesting in 2026

Step 1: Connect all wallets and exchanges to Koinly
Step 2: Confirm all transactions are imported and accurately categorized
Step 3: Use the gains/losses dashboard to identify loss positions
Step 4: Decide which assets to sell, based on your tax plan
Step 5: Generate reports and update your tax filing

5. Important Tax Considerations by Region

  • Mention how rules differ (e.g., U.S. wash‑sale rule — doesn’t apply to crypto yet, but may in future).
  • Briefly compare to UK, Canada, EU.
    Tip: You can add a small table for quick reference.

6. Common Mistakes to Avoid

  • Selling assets without proper tracking
  • Forgetting to re‑buy before tax year ends (if allowed)
  • Ignoring small wallets and DeFi positions

7. Advanced Tips for Smart Harvesting

  • Track continuously, not just at year‑end
  • Use Koinly’s portfolio view for insights, not just tax reports
  • Sync wallets regularly to avoid missing cost basis updates
  • Work with a tax pro if you have NFTs or complex DeFi positions

Conclusion

  • Recap how Koinly saves time and helps maximize tax efficiency.
  • Encourage readers to set up Koinly early and revisit their portfolios often.

Optional Add‑Ons

✅ Real user case study: “How Jane saved $2,000 on her 2025 crypto taxes using Koinly”
✅ Screenshot examples of Koinly’s loss‑harvesting dashboard (if publishing on a blog)
✅ FAQ section:

  • “Does Koinly track short‑term vs long‑term losses?”
  • “Can I harvest losses on NFTs too?”

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