Tax Loss Harvest - Is That an Option?

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You can use up to three thousand dollars a year against your ordinary income and an unlimited amount against your capital gains. If i look at my total stock market, e t f, i've got a bunch of tax lots there. Six of em have a long term gains. Three of them have short term gains. So that would be an option if i wanted tax loss harvest those as well. The bigger question is whether it's worth bothering, right? I've got hundreds of thousands of dollars losses right now that i booked back in march 20 20. And so i'd be a lot more aggressive about harvesting these losses if if it was going to make a difference iny in my currente

This episode is all about bonds and tax-loss harvesting https://www.whitecoatinvestor.com/tax-loss-harvesting/. We get into what some good options for bond substitutes are as well as what are not good options for bond substitutes. We talk about the popular I Bonds https://www.whitecoatinvestor.com/series-i-bonds-are-they-right-for-you/ and when you should get some or if it is worth sticking with tax-protected stocks in a total bond fund instead. We go over some of the basics of tax-loss harvesting including a step-by-step guide on how to actually do it.

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