If investment losses exceed gains, an investor can use up to $3,000 of those losses to offset ordinary income, with any remaining losses carrying forward to future years indefinitely.

Authors

• Person: Not available Organization: Mercer Advisors
  Capital Gains and Tax Loss Harvesting Explained - Mercer Advisors

Sources

• Capital Gains and Tax Loss Harvesting Explained - Mercer Advisors www.merceradvisors.com Mercer Advisors via serper

Referenced by nodes (2)

• ordinary income concept
• capital gains concept