Here's how to harvest 0% capital gains amid the latest stock market rally
Publishing timestamp: 2024-08-26 19:00:19
Summary
Tax-gain harvesting is a strategy to rebalance your portfolio and save on future taxes by selling profitable assets during lower-income years to qualify for the 0% long-term capital gains rate. This tactic can help reset your original purchase price and avoid triggering gains while rebalancing your assets.
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Keywords: government taxation and revenue, personal finance, personal investing, wealth, financial planning, business news, tax planning, retirement planning, national taxes, financial planners, financial advisors, investment strategy, breaking news: investing, personal saving,
Source: https://www.cnbc.com/2024/08/26/zero-percent-capital-gains-bracket.html