Losing money on your investments is never fun, but there can be a silver lining when you sustain losses in a taxable investment account. Selling losing holdings to generate capital losses can feel good at tax time when you file your return, as it will reduce your taxable income within certain limitations.
How Investors Can Turn Losses Into Tax Breaks
Losing money on your investments is never fun, but there can be a silver lining when you sustain losses in a taxable investment account. Selling losing holdings to generate capital losses can feel good at tax time when you file your return, as it will reduce your taxable income within certain limitations.