Uncommon
Tax Loss Harvesting
Use investment losses to offset taxable gains.
About this strategy
Tax-loss harvesting involves selling investments that have declined in value to realize capital losses. Those losses can generally offset capital gains, with a limited amount potentially deductible against other income and unused losses potentially carried forward. Investors must also consider the wash-sale rules, which can disallow a loss when substantially identical securities are purchased within the applicable period.
Implementation resources
Slides, templates, and supporting videos.