IA Tax Calculator Model - to determine exits and reentry (Patreon)

Resharing as some missed it a month ago.

Also, certain individuals can’t file or make a copy because you need to be logged into Google to access tools like Google Sheets, Google Docs, and similar services. Without being logged in, Google doesn’t know where to store the copy

LINK HERE

https://docs.google.com/spreadsheets/d/1IqhED5V8M9EPpFVrp26WoI9EypMtikseJ6zHGksLMzE/edit?usp=sharing

REM HIT FILE, MAKE A COPY if you want to configure your own version!

Welcome to the IA Tax Calculator! This tool helps you calculate key financial figures, including the impact of capital gains taxes on your investments. Follow these simple steps to get started.

How to Use the Calculator

• Hit File, Make a Copy

• Then Enter Your Data

  • Locate the yellow cells in the spreadsheet.

  • Input your numbers (e.g., investment amounts, gains, etc.) into these cells.

  • The calculator will automatically compute the results you need, such as break-even prices and tax impacts.

• Understand the Output

  • The calculator adjusts for tax rates (e.g., short-term vs. long-term capital gains).

  • For example, in Australia, short-term gains may be taxed at 50%, while long-term gains drop to 25%. Check your local rates and duration of HODL!!

• Toggle the Cost Basis Feature

  • Use the "Include Original Cost Basis" toggle:

    • Yes: Break-Even Price increases, factoring in both net proceeds and your original cost basis for purchasing power.

    • No: Break-Even Price decreases, using only net proceeds for purchasing power.

  • Choose based on how you want to evaluate your returns.

Why It’s Useful

• Highlights the impact of capital gains taxes on decision-making. Eg selling at a certain price means after incurring taxes you need a major mean reversion to get back! I added some examples of my actual cost bases for BTC, TSLA, SOL but not my bag sizes :D

• Compares short-term vs. long-term tax scenarios.

• Helps you calculate break-even points with or without your initial investment.

Tips

• Double-check your inputs in the yellow cells for accuracy.

• If you’re unsure about tax rates or rules, consult a local tax guide or professional.

Enjoy using the IA Tax Calculator! Let us know if you need more features or support. I will share this MODEL on Discourse also.