Investors can use tax loss harvesting to offset capital gains by selling investments that have lost value during a market downturn and using those losses to offset gains realized from selling other assets, such as high-fee mutual funds.

Authors

• Person: Not available Organization: Ellevest
  How Tax Loss Harvesting Could Help You Save on Taxes

Sources

• How Tax Loss Harvesting Could Help You Save on Taxes www.ellevest.com Ellevest via serper

Referenced by nodes (1)

• tax-loss harvesting concept