To calculate the tax benefit of long-term losses, Wealthfront multiplies the total amount of long-term losses harvested by the client's estimated long-term capital gains tax rate, which is the sum of the federal capital gains rate and the marginal state income tax rate.

Authors

• Person: Not available Organization: Wealthfront
  Wealthfront Tax-Loss Harvesting - Methodology

Sources

• Wealthfront Tax-Loss Harvesting - Methodology research.wealthfront.com Wealthfront via serper

Referenced by nodes (2)

• long-term capital gains tax concept
• Wealthfront entity