Alphanso|Tax Savings Calculator

Total Estimated Tax Savings

$60,000/year

over 1 of 15 strategies enabled

Direct Indexing

Tax-loss harvesting through direct indexing

Quick scenarios:
$2,000,000
$50K$10M
3.0%
1% (conservative)6% (aggressive)

Typical range: 2–4% annually. 3% is a reasonable baseline assumption for a diversified equity portfolio.

37%
State tax rate10%
0% (TX, FL)13.3% (CA)

Annual Tax Savings

$28,200

in actual tax reduction per year

Losses harvested$60,000
Effective tax rate47.0%
5-year tax savings$141,000
10-year tax savings$282,000

Savings range (2%–5% harvest rate)

$19K$47K

With $2,000,000 in direct-indexed investments, you could harvest $60K/year in tax losses — worth $28K in actual tax reduction at your 47% rate.

How it works

1. Own individual stocks

Instead of holding an index fund, you own the individual constituents of the index directly.

2. Harvest tax losses

When positions decline, sell them to realize losses while buying similar stocks to maintain exposure.

3. Offset your gains

Harvested losses offset capital gains and up to $3,000 of ordinary income per year.