What could your NFT losses save you?
Enter what you've put into NFTs and we'll estimate your loss and what it's worth against your tax bill. Then run a free wallet scan to find your real numbers.
Capital losses offset capital gains dollar-for-dollar with no yearly limit, so if you have gains this loss can wipe out a big chunk of the tax on them. Without gains, only $3,000/yr counts against ordinary income and the rest carries forward. How much of your loss is allowable on each year's return depends on your gains and full situation — ask your CPA.
Simplified U.S. federal estimate (2025 brackets) for illustration — not tax advice. Excludes state taxes and the special rules for “collectibles.” Losses must be realized to count.
How the numbers work
NFTs are treated as property, so selling or disposing of one below what you paid creates a capital loss. Those losses offset your capital gains dollar-for-dollar — and if your losses exceed your gains, you can generally deduct up to $3,000 against ordinary income each year, carrying the rest forward.
This calculator applies your long-term capital-gains rate to the portion of losses that offsets gains, and your marginal income rate to the portion that offsets ordinary income. It's a simplified federal estimate to show the shape of the opportunity — your real figure depends on your full return.