Analysis | Got Crushed in the Market? Harvest Your Losses to Lower Your Taxes
Briefly

Just as delicious as tax savings.(Photographer: Bloomberg)There's no sugarcoating the stock market's 20% plunge, but there is a small consolation prize: You have one of the best opportunities in years to lower your tax bill.That's because the US tax code allows investors to sell poor-performing stocks and use those investment losses to offset capital gains from selling better-performing assets, such as stocks, bonds, a home or business.
Read at Washington Post
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