WSJ | November 06, 2020
"This is the kind of year that was made for tax-loss harvesting” says the Journal’s Neal Templin. He goes on to say, “The tactic, used to legally reduce or avoid altogether capital-gains taxes, is especially useful in years when a jarring market slide is followed by a strong rebound. That’s why this year, with the market’s plunge in March and subsequent recovery to record highs, was ideal for this strategy.” And, he says it’s still not too late to harvest losses this year, offering five important thoughts to keep in mind. (Subscription required)
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