Tax Optimizer for Stock Investors
Live calculation of your 2026 tax burden on gains, losses and dividends — with concrete saving suggestions for Germany and Austria.
Your 2026 capital income
Current 2026 tax burden
Optimization suggestions
Related academy articles
Frequently asked questions
What tax rates apply in Germany on stock gains in 2026?
A flat 25 % capital-gains tax + 5.5 % solidarity surcharge + optional 8/9 % church tax. Effective rate: 26.375 % (no church), 27.82 % (8 % BY/BW), 27.99 % (9 % other states).
How high is the German tax-free allowance in 2026?
€1,000 per person, €2,000 for married couples filing jointly. Activated via a broker exemption order (Freistellungsauftrag) or claimed on the tax return.
How does loss-offset work in Germany?
Stock losses can only be offset against stock gains (separate stock pot). Losses from ETFs, bonds and dividends go into the general pot.
What taxes apply on stock gains in Austria in 2026?
A flat 27.5 % capital-gains tax (KESt). With an Austrian broker the tax is automatically withheld — final, no further reporting required.
Can I offset losses against gains in Austria?
Yes, but only within the same calendar year. Loss carry-forward is NOT permitted for retail investors. With multiple brokers, obtain a loss certificate and claim the offset on your tax return.
What is tax-loss harvesting?
Strategic sale of loss positions before year-end to offset gains. Caveat: immediate repurchase may be considered abusive — wait 30+ days or rotate into a similar position.
What is the difference between Sparerpauschbetrag and Freistellungsauftrag?
The Sparerpauschbetrag (€1,000) is the actual tax-free allowance. The Freistellungsauftrag is the instruction to your broker to use it.
Are the calculations binding?
No. The calculator is a 2026 model that ignores edge cases. For binding answers consult a tax advisor or the tax authority.