Tax GAIN Harvesting?!?!

Tax Gain Harvesting... This tax hack is often forgotten by investors...

What is Tax Gain Harvesting?

TGH is a tax arbitrage strategy where you sell investments in a taxable brokerage account at gains, during a year in which your tax rate is low. This can eliminate, or severely reduce, the amount of taxes you pay on the appreciated positions.

Who should use TGH?

If you expect a drop in income in 2024 due to a sabbatical, job loss, or any other reason, it may be a good idea to consider TGH before 12/31.

Specifically, a married couple filing jointly in 2024 that will make less than $94k, would pay 0% in capital gains taxes.

Why is it important to keep track of capital gains?

Eventually you will have to pay Uncle Sam on these gains. By tracking your investment performance and taking advantage of tax arbitrage opportunities, we can reduce our overall tax hit.

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If you make less than $94k, you would pay 0% in long term capital gains taxes.