How do I harvest losses before the year ends?

If you've booked gains this year, you don't have to pay tax on all of them. Selling a holding that's currently underwater turns a paper loss into a real one that cancels out an equal slice of your gains — and the Tax-Loss Harvesting card finds those holdings for you.

Two sections, two rules

Losses have to be matched to the right kind of gain, so the card is split in two. Short-term loss harvesting offsets your STCG (taxed at 20%); Long-term loss harvesting offsets your LTCG (taxed at 12.5%). Each section's Saves badge is the tax you'd actually avoid, and the big red number is how much loss is available to offset — capped at realized gains, because you can't harvest more than you've booked.

Each section lists the loss-making holdings you could sell, with the qty and the loss on each.

What to sell

Under each section is the list of holdings sitting on a loss, with the quantity and current P&L. Selling any of them books that loss against your gains. Tap a row to open the holding if you want to review it before you act.

The March 31 deadline

Harvesting only counts inside an open financial year. Once the year closes, the chance is gone — the card switches to read-only and the losses can only be carried forward (for up to 8 years) instead of used now. That's why the header says before March 31.

Heads up: Harvesting is about timing your losses, not chasing them — only sell a holding you were comfortable exiting anyway. Tax figures are estimates; confirm with a CA before you file.