Year-End Tax Loss Harvesting Strategy

Don’t Pay Extra Taxes! 📉 The End-of-Year Strategy to Save Your Gains

The Hook The year is almost over, and while everyone is thinking about New Year’s resolutions,

you should be thinking about your brokerage account. If you’ve sold stocks for a profit this

year, the IRS is waiting for their cut. But there’s a way to keep more of

that money in your pocket through a strategy called Tax Loss Harvesting. The Strategy: Offset

Your Winners Tax loss harvesting is simple: you sell your "losing" positions—the stocks currently

in the red—to realize a loss. These losses can be used to offset the capital gains

from your "winners." If your losses exceed your gains, you can even use up to $3,000 of