This disclosure relates generally to video coding and particularly to methods and systems for deriving offsets in cross-component transform coefficient level reconstruction. An example method for decoding a current video block of a video bitstream is disclosed. The method includes receiving a coded video bitstream; extracting, from the coded video bitstream, a first transform coefficient of a first color component for a current video block; determining a second transform coefficient of a second color component for the current video block; deriving an offset value based on at least one of the following: a quantization step size, or the first transform coefficient; adding the offset value to the second transform coefficient to generate a modified second transform coefficient for the second color component; and decoding the current video block based on the first transform coefficient and the modified second transform coefficient of the second color component.