How to Save on Taxes with Tax-Loss Harvesting

Tax-loss harvesting involves selling securities at a loss to offset capital gains tax liabilities.

The Wash-Sale Rule

Be careful not to buy the same or a 'substantially identical' security within 30 days before or after the sale.

Offsetting Income

In many jurisdictions, you can use investment losses to offset a portion of your regular income, not just capital gains.

Automated Harvesting

Many modern robo-advisors offer automated tax-loss harvesting as a core part of their service.