Short-term And Long-term Gains Harvesting

Everybody agrees that long-term gains are almost always preferable to short-term gains. I tend to agree in general. But there are exceptions too for example if you are a retired person like me :). Long term capital gains taxes are lower than the short-term counterparts. For example, short-term capital gains tax on equity is 15% vs 10% on long-term gains. Likewise, debt short-term capital gains are taxed at your applicable tax rate as opposed to 20% on indexed long-term capital gains. And here is your exception if you read carefully. What if your applicable tax rate is less than 20%? … Continue reading “Short-term And Long-term Gains Harvesting”