If an investor's capital losses exceed their capital gains in a given year, they can reduce their taxable income by up to $3,000 for that year.

Authors

• Person: Not available Organization: Vanguard
  Tax-loss harvesting explained | Vanguard

Sources

• Tax-loss harvesting explained | Vanguard investor.vanguard.com Vanguard via serper

Referenced by nodes (1)

• capital gains concept