Money

Can I sell a losing stock, deduct the losses and then buy it back?

Matthew Frankel, CFP, The Motley Fool Comments Off on Can I sell a losing stock, deduct the losses and then buy it back?

The act of selling losing stocks in order to deduct the losses is known as tax-loss harvesting and can be a very smart way to reduce your tax bill.

Matthew Frankel, CFP, The Motley Fool
http://api-internal.usatoday.com.akadns.net

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