When markets fluctuate, smart investors don’t just watch the numbers – they act strategically.
Tax-loss harvesting lets you:
– Use losses to offset capital gains (and up to $3,000 of income)
– Carry unused losses forward to future years
– Stay invested while reducing taxable income
Just watch out for the Wash Sale Rule: buying a “substantially identical” investment within 30 days can disqualify your loss (even across IRAs or a spouse’s account).
It’s not about market timing – it’s about tax timing. At Liberty One Wealth Advisors, we help clients integrate tax-loss harvesting into their broader portfolio and tax strategy — for smarter, more efficient investing.
