Tax savings from tax-loss harvesting are calculated using the Amount Offset (the amount of tax losses utilized) multiplied by the Current Tax Rate (the combined federal and state tax rate applicable to the item being offset, adjusted for state tax deductibility at the federal level).

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 (1)

• tax-loss harvesting concept