# Equity Tax-Loss Harvest & Profit-Taking Plan

**Prepared:** 2026-08-24 (using ~2026-08-21 close prices)
**Scope:** Read-only recommendations for the taxable brokerage account. No orders should be placed based on this document alone.
**Positions with prices in scope:** CRWV 87.83 · TSLL 9.78 · HOOD 108.14 · NBIS 219.06 · AMZN 258.65 · NVDA 214.76 · TSLA 362.88 · VG 14.21 · UI 559.00

> **⚠️ Informational only — NOT tax advice.** This document is a planning aid generated from current per-lot cost-basis data. Tax rules (wash-sale, ST/LT holding periods, the $3k income offset cap, state taxes, AMT) are complex and fact-specific. Confirm every lot, price, and holding period with your broker's year-end statement and a licensed tax advisor before executing. Figures are computed from the actual lot data in `data/equity_tax_lots.json` at the reference prices above; real fills will differ.

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## 0. Portfolio PnL Summary (unrealized, at reference prices)

| Ticker | ST loss | ST gain | LT loss | LT gain | Net unrealized |
|--------|--------:|--------:|--------:|--------:|---------------:|
| **CRWV** | **-5,752.99** | 0 | 0 | 0 | **-5,752.99** |
| **TSLL** | -960.50 | +1,180.00 | -8,147.57 | +3,040.10 | **-4,887.97** |
| HOOD | 0 | 0 | 0 | +82,745.20 | +82,745.20 |
| NBIS | 0 | +11,498.26 | 0 | +2,291.84 | +13,790.10 |
| NVDA | 0 | 0 | 0 | +2,130.48 | +2,130.48 |
| AMZN | 0 | +7,104.95 | 0 | 0 | +7,104.95 |
| VG | 0 | +4,278.00 | -32.71 | +2,468.40 | +6,713.69 |
| TSLA | -23.14 | +25.18 | 0 | 0 | +2.04 |
| UI | -11.64 | +57.61 | 0 | 0 | +45.97 |

**Harvestable losses (the candidates):** CRWV fully (-5,752.99) + TSLL losing lots (-9,108.07 as selected in §2). Total **≈ -$14,861** of net realized loss available.

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## 1. Ranked Tax-Loss-Harvest Candidates

Ranked by $ harvestable, **favoring short-term (ST) losses first** — ST losses offset ST gains first and are more valuable (ST gains would otherwise be taxed at ordinary rates), so harvesting ST losses should take priority:

1. **CRWV — sell entirely: -$5,752.99 (100% short-term)** — a clean, all-ST, all-loss position. Highest-value harvest.
2. **TSLL — sell the losing lots: -$9,108.07 net (partly ST, mostly LT)** — the largest total-dollar harvest, but it is a *partial* harvest (keep the gain lots); see §2.
3. *(Not recommended)* TSLA -23.14, UI -11.64, VG -32.71 — **too small** to justify the effort and wash-sale risk. Skip.

### 1a. CRWV — EXACT lots to sell (liquidate the entire position)

Sell **all 6 lots / 300 shares** at reference price 87.83 → realized **short-term loss of -$5,752.99**.

| Qty | Cost/share | Open date | Term | Loss @ 87.83 |
|----:|----------:|:----------|:----:|-------------:|
| 200 | 112.06 | 2026-06-22 | ST | **-4,846.00** |
| 89 | 94.31 | 2026-06-26 | ST | -576.72 |
| 8 | 120.00 | 2026-06-03 | ST | -257.36 |
| 1 | 125.34 | 2026-06-01 | ST | -37.51 |
| 1 | 103.37 | 2026-06-12 | ST | -15.54 |
| 1 | 107.69 | 2026-05-13 | ST | -19.86 |
| **300** | — | — | **ST** | **-5,752.99** |

### 1b. TSLL — EXACT losing lots to sell (see §2 for the keep list)

**Losing short-term lots (sell; -$960.50):**

| Qty | Cost/share | Open date | Term | Loss @ 9.78 |
|----:|----------:|:----------|:----:|------------:|
| 100 | 11.50 | 2026-04-06 | ST | -172.00 |
| 100 | 11.44 | 2026-04-02 | ST | -166.00 |
| 100 | 11.44 | 2026-04-02 | ST | -166.00 |
| 100 | 10.50 | 2026-04-07 | ST | -72.00 |
| 100 | 10.46 | 2026-04-07 | ST | -68.00 |
| 100 | 10.46 | 2026-04-07 | ST | -68.00 |
| 50 | 13.00 | 2026-03-20 | ST | -161.00 |
| 50 | 11.53 | 2026-03-30 | ST | -87.50 |
| **700** | — | — | **ST** | **-960.50** |

**Losing long-term lots (sell; -$8,147.57):**

| Qty | Cost/share | Open date | Term | Loss @ 9.78 |
|----:|----------:|:----------|:----:|------------:|
| 100 | 27.82 | 2025-01-13 | LT | -1,804.00 |
| 100 | 27.63 | 2025-01-13 | LT | -1,785.00 |
| 99 | 27.50 | 2025-01-13 | LT | -1,754.28 |
| 1000 | 10.41 | 2025-06-05 | LT | -630.00 |
| 500 | 11.04 | 2025-03-04 | LT | -630.00 |
| 100 | 16.70 | 2025-06-17 | LT | -692.00 |
| 100 | 13.60 | 2025-02-27 | LT | -382.00 |
| 100 | 12.20 | 2025-06-27 | LT | -242.00 |
| 30 | 12.90 | 2025-06-05 | LT | -93.60 |
| 100 | 10.50 | 2025-03-07 | LT | -72.00 |
| 200 | 10.00 | 2025-03-07 | LT | -44.00 |
| 1 | 28.47 | 2025-01-06 | LT | -18.69 |
| **2330** | — | — | **LT** | **-8,147.57** |

**⚠️ WASH-SALE CAUTION (applies to both CRWV and TSLL):** These are *highly volatile* positions (TSLL is a 2x leveraged TSLA ETF). If you sell these lots and then **buy the same (or a "substantially identical") security within 30 days before or after the sale**, the loss is **disallowed** and added to the new lot's basis. **Do NOT rebuy CRWV or TSLL for at least 30 days** after selling (and be careful of any dividend- or auto-reinvest feature). To keep exposure, you may use a *different, non-substantially-identical* proxy (e.g. TSLA directly instead of TSLL) — but confirm with your advisor, as leveraged-ETF wash-sale rules have nuances.

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## 2. TSLL Partial-Harvest Recommendation

TSLL holds both losing and winning lots. **Sell only the losers, keep the winners** — this banks ~$9.1k of loss while retaining ~$4.2k of unrealized gain for future years.

- **Sell (losing ST + LT lots, 3,030 shares total):** realized **net loss = -$9,108.07** (-960.50 ST + -8,147.57 LT, per the lot tables in §1b).
- **Keep (8 gain lots, 2,870 shares):** retained unrealized **gain = +$4,220.10**.

**Retained gain lots (DO NOT sell):**

| Qty | Cost/share | Open date | Term | Gain @ 9.78 |
|----:|----------:|:----------|:----:|------------:|
| 1000 | 8.60 | 2026-07-23 | ST | +1,180.00 |
| 900 | 7.84 | 2025-03-10 | LT | +1,746.00 |
| 400 | 8.51 | 2025-03-10 | LT | +508.00 |
| 100 | 6.20 | 2025-04-07 | LT | +358.00 |
| 200 | 9.00 | 2025-03-10 | LT | +156.00 |
| 50 | 6.71 | 2025-04-21 | LT | +153.50 |
| 200 | 9.50 | 2025-03-10 | LT | +56.00 |
| 20 | 6.65 | 2025-04-21 | LT | +62.60 |
| **2,870** | — | — | — | **+4,220.10** |

**Net effect after selling losers + keeping winners:** realized **-9,108.07** on the sold lots; **+4,220.10** stays unrealized (deferred). Net realized across TSLL = **-9,108.07**.

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## 3. Profit-Taking (Harvesting Gains) & Offsetting with the Losses

You carry large unrealized long-term gains in **HOOD (+$82,745 LT)** and a sizable gain in **NBIS (+$11,498 ST / +$2,292 LT, ≈ $13,790 net)**.

**Recommended trim (suggested notionals):**
- **HOOD:** trim **~100–200 shares** of low-cost LT lots (e.g. ~100 sh @ 19.59 ≈ +$8,855, or the ~60 sh @ 8.50 ≈ +$5,978), realizing **roughly $10,000–$20,000** of LT gain.
- **NBIS:** trim **~$10,000** of notional from the ST gain lots (e.g. the 60 sh @ 90.16 ≈ +$7,734 ST, plus a couple of smaller ST gain lots) to raise a **short-term** gain that the ST losses offset 1:1.

**How the harvested losses offset the gains 1:1:**

Net realized losses available from §1–2: **CRWV -5,752.99 + TSLL -9,108.07 = -$14,861.06** total net loss. These offset realized gains **dollar-for-dollar** on Schedule D:

- Every $1 of harvested loss cancels $1 of realized gain — **no tax owed on the offset portion.**
- **Bucket matching matters:** ST losses first offset ST gains, then LT gains; LT losses offset LT gains first. That is why we prioritize CRWV's **ST** loss (it zeroes out NBIS's ST gain) and let TSLL's LT loss offset HOOD's LT gain.
- **Example allocation of the ~$14.9k of losses:**
  - → **offset ~$13.8k–$14.9k of the NBIS + HOOD trims** → those gains become **tax-free** (net $0 on the covered portion).
  - Any losses **not** used against gains (up to **$3,000/yr**) can **reduce ordinary income** — at a ~24–32% combined marginal rate, the unused $3k is worth **~$720–$960/yr** in direct tax savings.
- **High-level realistic assumptions** (ordinary income ~24–32%, federal LTCG 15% in this bracket; ignoring NIIT/state for simplicity): if you *didn't* harvest and instead realized e.g. **$14.9k** of gain with **no** loss to offset it, that gain would cost roughly **$2,200–$4,800** (ST portion at ordinary rates) or **~$2,235** (all-LT at 15%). By pairing the harvest with the trim, the offset portion owes **$0** on the covered gains.

> **Bottom line for §3:** Sell the CRWV + losing-TSLL lots (bank ~$14.9k loss) and in the same tax year trim $10–20k of HOOD/NBIS gains; the losses offset those gains 1:1, so the covered gain is **tax-free**, and up to $3k more can be applied to ordinary income. (Discussion only — confirm rates with a tax professional.)

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## 4. Do NOT Do List

1. **Do NOT rebuy CRWV or TSLL within 30 days** (before or after the sale). That triggers a **wash sale** and disallows the loss. This is the single most likely way to break this plan — these are volatile tickers you may be tempted to re-enter.
2. **Do NOT let a reinvestment/dividend/DRIP auto-buy fire** during the 30-day window on either harvested ticker — even a tiny auto-purchase can wash a big loss.
3. **Do NOT harvest the tiny losses** (TSLA -23, VG -33, UI -12). The effort, execution risk, and wash-sale exposure aren't worth ~$70 of combined loss. Leave them.
4. **Do NOT realize large LT gains (e.g. a big HOOD trim) if you are not also realizing the losses in the same year** — an un-offset LTCG would be taxed at 15% with nothing to cancel it. Only trim HOOD/NBIS **alongside** the harvest in the same tax year.
5. **Do NOT buy a "substantially identical" proxy** of CRWV/TSLL inside the wash window thinking it is a loophole — the IRS can disallow it. Use a clearly different security, or simply wait 31 days.
6. **Do NOT treat this as a directional signal on TSLL/TSLA.** This is a *tax* maneuver on a leveraged ETF; the position's fundamental risk (2x daily leverage) is unchanged.
7. **Do NOT sell HOOD/NBIS gain lots whose holding period is about to cross to LT** unless the numbers favor it — a few days' wait can cut a 15%+ rate difference in your favor. Check dates before trimming.
8. **Do NOT harvest into a position you would re-enter at a worse price for tax reasons alone** — if you truly believe in CRWV/TSLL, the 30-day wait (or a clearly non-identical substitute) is the disciplined path.

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## Your advisor at a glance

> **Harvest ~$14.9k of losses now** (sell all CRWV for -$5,753 ST + sell TSLL's losing lots for -$9,108), **do NOT rebuy either for 30 days**, then **trim ~$10–20k of HOOD/NBIS gains in the same year so the losses offset them 1:1 to $0 tax** — keep TSLL's +$4.2k gain lots and all untrimmed HOOD/NBIS shares deferred, and leave the tiny (<$100) losses alone.

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*Figures computed from `data/equity_tax_lots.json` at the reference prices (CRWV 87.83, TSLL 9.78, HOOD 108.14, NBIS 219.06). Not tax advice — verify with your broker statement and a licensed tax professional before executing.*