Skip to content

NextStepsPersonalFinance.com

Discover the next steps in your personal financial journey.

  • Home
  • Start Here
  • College
  • Estate Planning
  • Insurance
  • Investing
  • Retirement
  • Taxes
  • About
  • Contact

long-term gains

What Is Tax Loss Harvesting?

One of the features of the federal income tax code is that it allows you to use capital losses to offset capital gains, and in some cases, ordinary income. Doing this allows you to lower your taxable income and therefore...

Continue reading...
January 31, 2022 by Paul Investing Taxes 3

Recent Posts

  • Improve Diversification with a 401k Brokerage Window
  • Why I Left My 401(k) With My Former Employer
  • Understanding IRA Contribution Limits
  • What Is A Backdoor Roth IRA?
  • Watch Out For The Pro Rata Rule

Tags

401(k) 401k asset allocation backdoor Roth backdoor Roth IRA brokerage window capital gains capital losses income taxes IRA long-term gains pro rata rule Roth 401(k) Roth IRA SDBA self-directed brokerage account short-term gains tax loss harvesting traditional IRA wash sales

About Us • Contact Us • Disclaimer

NextStepsPersonalFinance.com © 2025. All Rights Reserved.

Powered by WordPress. Theme by Alx.