Remaining harvested losses that exceed realized capital gains and the annual $3,000 ordinary income offset limit can be carried forward indefinitely to offset future capital gains or future ordinary income.

Authors

• Person: Not available Organization: J.P. Morgan Private Bank
  Here's how to make your tax-loss harvesting strategy do more for you

Sources

• Here's how to make your tax-loss harvesting strategy do more for you privatebank.jpmorgan.com J.P. Morgan Private Bank via serper

Referenced by nodes (2)

• ordinary income concept
• capital gains concept