Selling losing investments to offset capital gains and reduce tax bill.
Up to $3,000 of losses can offset ordinary income annually in US (excess carries forward). Robo-advisors automate harvesting. Must avoid wash-sale rule by waiting 31 days or buying similar (not "substantially identical") security.
Selling losing investments to offset capital gains and reduce tax bill. Up to $3,000 of losses can offset ordinary income annually in US (excess carries forward). Robo-advisors automate harvesting. Must avoid wash-sale rule by waiting 31 days or buying similar (not "substantially identical") security.
In portfolio, Tax-Loss Harvesting is one of the building blocks investors use to compare opportunities and assess risk. Understanding it helps you read research notes, earnings reports, and market commentary without getting lost in jargon.
Up to $3,000 of losses can offset ordinary income annually in US (excess carries forward). Robo-advisors automate harvesting.
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