Harvest losses, lower your tax bill

Self-directed investors could save an estimated $5,000/year in taxes.* Harvest IY scans your portfolio daily and alerts you to tax-loss harvesting opportunities.

You'll get an alert like this when we spot an opportunity

Example Notification

* Illustrative estimate from a Monte Carlo simulation: $250K portfolio in diversified index ETFs, 16% annual volatility, 30% combined federal + state tax rate. Actual results depend on your holdings, cost basis, and market conditions.

Tax-loss harvesting saves real money. Doing it by hand is a grind.

Scanning lots for unrealized losses, watching for wash sales across accounts and brokerages, tracking 30-day cooldown windows...

🧐📈

Watch the market for dips

🤨📅

Check your positions over and over

😒📋

Track dates to avoid wash sales

😔

Give up

Pricing

Save time and never miss another tax loss!

Starter

$30

$19

/month

  • ✅Detect tax-loss harvesting opportunities
  • ✅Unlimited notifications
  • ✅Connect unlimited accounts
  • ⚠️Combined balance of connected accounts limited to $300k
POPULAR

Unlimited

$50

$39

/month

  • ✅Detect tax-loss harvesting opportunities
  • ✅Unlimited notifications
  • ✅Connect unlimited accounts
  • ✅No balance limits

FAQ

Frequently Asked Questions

  • Tax-loss harvesting is when an investor sells a security for a loss in order to reduce their income taxes. You can read more about this strategy on Investopedia: Tax-Loss Harvesting.
    Always consult a tax professional to help you decide whether a particular tax strategy may be right for you!
  • Tax-loss harvesting with replacement is when an investor sells a security for a loss and uses the proceeds to buy another security in order to maintain a similar long position. Typically, an investor will select a replacement security whose returns are expected to be similar to the original security that was sold. That way, the investor reaps the tax benefits of tax-loss harvesting while maintaining a long position in the market.
    For example, if an investor has losses on a position lot in ITOT (an ETF that tracks the S&P Total Market Index), they can sell the ITOT lot and use the proceeds to buy SPTM (an ETF that tracks the S&P Composite 1500 Index). SPTM has a historical correlation of 0.94 with ITOT.
    The realized losses from the ITOT sale can reduce the investor's income taxes, but they still maintain a long position in a broad US equity ETF (SPTM).
    Always consult an investment professional to help you decide whether a particular strategy may be right for you!
  • It's pretty simple!
    • ● Sign up for Harvest IY and connect your brokerage accounts.
    • ● We scan your accounts every day for any unrealized capital losses on positions held longer than 30 days.
    • ● If we find any, we send you an email with the details.
    • ● We store the minimum data necessary to identify tax loss harvesting opportunities in your portfolio and notify you about them.
    • ● We also store the minimum data necessary to determine your billing tier such as the account balance for each connected account.
    • ● Your data is stored securely in our cloud database.
    • ● Whenever practical, we purge data that is no longer needed. i.e. When it will not interfere with the proper functioning of the application.
    • ● We do not share your data with anyone else.
    • ● Questions or concerns about our data practices? Contact us
  • Short answer: No. Harvest IY is a tool that provides information about your portfolio. We are not a registered investment advisor (RIA).
    Long answer: According to the Investment Advisers Act of 1940, an "investment advisor" is any firm that:
    • ● for compensation;
    • ● is engaged in the business of;
    • ● providing advice to others or issuing reports or analyses regarding securities.
    Source: Regulation of Investment Advisers by the U.S. Securities and Exchange Commission
    Harvest IY is not considered an investment advisor because:
    • ● We send our users informational notifications, not advice.
    • ● These notifications are provided for free (i.e. no compensation).
    • ● We only receive compensation for other features such as the number of connected accounts being scanned and their combined balance.
  • Harvest It Yourself!
    Because we help investors who want to DIY their tax-loss harvesting.
  • To inquire about the free tier, email us.
  • Yes! You can request a refund within 7 days of your purchase. Reach out by email.
  • Cool, contact us by email
Background

Your portfolio could be saving you money on taxes right now

Connect your accounts in 2 minutes. We'll scan them every day and email you when there are losses to harvest.