Tax Loss Harvesting -- 2017 Harvest Failed!

Arthur Stein Financial, LLC |
As December 31 approaches, I review my clients’ taxable investment accounts for “tax-loss harvesting” opportunities.
Tax-loss harvesting is an important year-end investment strategy. It refers to selling investments that declined in value, which generates capital losses. Those losses are then used to offset capital gains on client tax returns. That benefits them by reducing the capital gains taxes they pay.
The bad/good news is that there were few positions with losses this year. The losses that did exist were too small to make tax-loss harvesting worthwhile.
2017 has been a remarkable year. Partly because returns were good in most categories but also because stock market volatility was historically low.
That is good for investors but also results in no stock loss harvesting opportunities.
Wish it happened every year.
For more information on tax-loss harvesting, click here.


This is for educational purposes only. To learn more about the topics mentioned and if they are suitable for you, consult an appropriate professional. Tax laws can change at any time.

Arthur Stein and Arthur Stein Financial, LLC are not authorized to give legal or tax advice.  For information on your specific situation, please consult your tax advisor regarding any tax implications and your attorney for legal implications. As required by the US Treasury Regulations, you should be aware that this presentation is not intended to be used and it cannot be used for the purposes of avoiding penalties under federal tax laws.

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Past performance is no guarantee of future performance;

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“Average annual return” evens out variations in the actual year-to-year returns.

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