Learn
Tax-loss harvesting means realizing a loss on an investment to cancel out capital gains — and up to a limited amount of ordinary income — reducing your tax bill. You then reinvest in a similar but not "substantially identical" holding to stay in the market. The wash-sale rule prevents claiming the loss if you rebuy the same security within 30 days.
Selling a losing fund to offset gains, then buying a comparable fund, harvests the loss.
Tax-loss harvesting lets you offset investment gains with losses — reducing your tax bill without significantly changing your investment exposure. Here is how to do it correctly.
Read article →Educational disclaimer: All content on WealthSerene.com is for educational purposes only and does not constitute investment advice. Projections and calculations are illustrative — actual results will vary based on market conditions, your specific situation, and many factors outside this tool’s scope. Always consult a qualified financial professional for advice specific to your situation. View full disclosures →