Are you paying capital gains tax? Learn about tax-loss harvesting, a strategy that can help you lower your tax burden by offsetting capital gains with capital losses.
A tax levied on the profit you make from selling investments such as stocks and mutual funds.
Taxed on the difference between selling price and purchase price (cost basis).
Applies to assets held for one year or less.
Tax-loss harvesting benefits or applicable on both short-term and long-term gains.