What Issues Should I Consider When Harvesting Capital Losses?

Tax-loss harvesting is a popular strategy, but it’s not always clear whether it’s the right strategy for your needs.

With our checklist, you will better understand whether harvesting capital losses is appropriate for your financial situation.

This checklist covers some key issues to consider when you are thinking of implementing a tax-loss harvesting strategy, such as:

• The effect harvesting losses may have on your overall portfolio goals.
• Some common pitfalls and rules to be aware of when harvesting losses.
• The potential tax benefits and consequences that may arise.
• How long-term goals may be affected by tax-loss harvesting.