Tax Planning Strategies - Part 3

Tax Planning Strategies: Tax-Loss Selling (Part 3)

Financial Planning, Investing, Pre-Retirees & Retirees, Tax Planning Strategies 4 Parts, Taxes

Tax-Loss Selling Judy bought $400,000 of ABC Bank shares in her non-registered account. Today her ABC Bank shares are worth $375,000, and she is showing a $25,000 loss. Judy plans on holding these shares for the next ten years, so she isn’t overly concerned with the short term drop in her investment. For this week’s…