Harvested investment losses can be used to offset up to $3,000 of ordinary income per year, which is advantageous because ordinary income is generally taxed at higher rates than capital gains.

Authors

• Person: Not available Organization: GreenSpring Advisors
  Tax-Loss Harvesting Strategy: Benefits, Limitations, and Key Use ...
• Person: Not available Organization: Wealthfront
  Wealthfront Tax-Loss Harvesting - Methodology
• Person: Not available Organization: Goldman Sachs
  Tax-Loss Harvesting Strategies: How They Work

Sources

• Tax-Loss Harvesting Strategy: Benefits, Limitations, and Key Use ... greenspringadvisors.com GreenSpring Advisors via serper
• Wealthfront Tax-Loss Harvesting - Methodology research.wealthfront.com Wealthfront via serper
• Tax-Loss Harvesting Strategies: How They Work am.gs.com Goldman Sachs via serper

Referenced by nodes (1)

• ordinary income concept