2020-03-30 00:00:00, Inc., WisdomTree ETF Blog
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/Finance/Accounting & Auditing/Tax Preparation & Planning
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Investors seeking tax advice should consult an independent tax advisor.
How an Investment Loss Can Become a Tax Win
Did you know that you can use an investment loss to help you improve your tax situation?
By selling the investment, you can realize or "harvest" the loss and use it to offset your capital gains, reduce your taxable income, and maybe even improve your portfolio returns.
Using Your Loss to Offset Gains
Every time you sell an investment for more than you paid for it, you create a capital gain.
All references to tax matters or information provided on this site are for illustrative purposes only and should not be considered tax advice and cannot be used for the purpose of avoiding tax penalties.
Investors seeking tax advice should consult an independent tax advisor.
Investing involves risk including possible loss of principal.
Investors should carefully consider the investment objectives, risks, charges and expenses of the Funds before investing.
You may be able to use this fact to maintain your investment exposure, while still capturing losses for tax purposes.
The bottom line is that tax-loss harvesting can help you manage your investment losses.
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