‘Tis the season for tax-loss selling

As the year-end approaches, many investors with taxable accounts may be seeking to dispose of securities that have lost money, especially during Sept – Oct. The strategy of tax-loss selling allows the investor to claim a capital loss, which offsets capital gains for the current year. Any unused net capital losses can then be applied against taxable capital gains in any of the three preceding years, or carried forward indefinitely to future years. Read more