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Tax Gain/Loss Harvesting Mean?

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Tax Gain/Loss Harvesting Mean?
Selling securities at a loss to offset a capital gains tax liability. Tax gain/loss harvesting is typically used to limit the recognition of short-term capital gains, which are normally taxed at higher federal income tax rates than long-term capital gains. 

Also known as "tax-loss selling".

 
Replies (1)

8 Simple Ways to Plan your Taxes.

Eight Simple Ways to Plan your Taxes. You have got only a few more months to complete this financial year. Very soon you will get a call from your company to submit the proofs for tax saving investments. So why don’t you spend some time on organising your tax plan and understanding different tax saving options and schemes?

https://www.holisticinvestment.in/index.php?q=plan-your-taxes

 

Regards

Ramalingam K, MBA, CFP,

Director and Chief Financial Planner,

Holistic Investment Planners

“Best Performing Financial Advisor Award” Winners from CNBC TV18

www.holisticinvestment.in

(Follow us on)

https://www.facebook.com/holisticinvestmentplanners


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