Retired-ish

How to Use Tax Gain & Loss Harvesting


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Episode #2: How to use tax gain AND loss harvesting to your advantage. If done appropriately, tax gain/loss harvesting can help you reduce taxes, thereby keeping more money in your pocket which can help you increase your net worth! More specifically, I discuss: Tax loss harvesting with examples Tax GAIN harvesting with examples Capital gains and losses When it’s a good idea to implement this tool Common pitfalls to avoid when tax harvesting is implemented What is a capital loss carry-forward and how to use it

For the links and extras mentioned in the episode, please visit the show notes page at https://retiredishpodcast.com/2

How Capital Gains Tax Works https://www.planablewealth.com/blog/tax-planning/how-capital-gains-tax-works

2022 Important Numbers https://www.planablewealth.com/wp-content/uploads/2021/11/2022-Important-Numbers.pdf

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Retired-ishBy Cameron Valadez