Tax Gain/Loss Harvesting Mean?
Selling securities at a loss to offset a capital gains tax liability. Tax gain/loss harvesting is typically used to limit the recognition of short-term capital gains, which are normally taxed at higher federal income tax rates than long-term capital gains.
Also known as "tax-loss selling".
Tax Gain/Loss Harvesting Mean?
MS SAMEER (CMA*CA*CMDM*ast FUND MANAGER*LEGAL ADVISOR) (14938 Points)
10 July 2010