✉news BusinessPersonal Finance first seen 1 d ago, last 1 d ago, peak #8
Tax-Loss Harvesting Turns Bad Years Into Tax Breaks
Original: Tax-Loss Harvesting: How Investors Turn a Bad Year Into a Tax Shelter
Investors are using tax-loss harvesting to offset capital gains by selling losing positions and realizing losses that reduce their tax bills, turning a poor market year into a tax advantage. The strategy is drawing attention as year-end tax planning season arrives, with guidance that investors can repurchase similar assets afterward while keeping portfolio exposure, subject to rules like the wash-sale limit.
Why now: Year-end tax planning prompts investors to look for ways to offset gains with realized losses.
Evidence
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