This video explains how you can turn your losses to save big on the tax liabilities. IRS is strict when it comes to Tax Loss Harvesting, the wash sale rule is meant to prevent taking unfair advantages of tax loss harvesting. I have explained how to tactically use it to save big on taxes.
#washsalerule #stockmarket #taxes
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This channel is for informational purposes only and is not intended to be used as a complete source of information to invest in companies. Individuals should never invest in the securities of any of the companies talked about here as a guaranteed way to make money or use this channel solely to invest. I am not a financial adviser and any information given here is strictly my opinion. I shall not be held liable for any losses you may incur for investing and trading in the stock market in an attempt to mirror what I do. Unless investments are FDIC-insured, they may decline in value and/or disappear entirely. Please do your own research before investing.
