Tax Loss Harvesting is the practice of selling your loss-making shares and mutual funds before the end of the financial year by converting these unrealised losses into realized loss.
With the end of the Financial year fast approaching, we discussed “What is Tax Loss harvesting?” and how traders and investors can use it to optimize their taxes. A detailed discussion about all that is Tax Loss Harvesting entails.
13:14 When can we repurchase shares that are sold for tax loss harvesting purposes?
13:50 What is the last date to harvest losses?
14:26 Can a trader choose to harvest STCL or LTCL for the same script?
15:03 Is Capital Gains exempt under the basic exemption limit?
Read more about Tax Loss harvesting here: https://learn.quicko.com/tax-loss-harvesting-stock-trader
Have any more questions regarding taxes and everything else? Shoot them on https://qna.tax/
This video is made with love. Help us reach a wider audience – Like & Share the video. We love hearing you and so we love comments.
We are on a mission to simplify taxes for all. https://quicko.com
Twitter: https://twitter.com/HowToQuicko
Facebook: https://www.facebook.com/myQuicko
Instagram: https://www.instagram.com/howtoquicko
Linkedin: https://www.linkedin.com/company/quic…
Telegram: https://t.me/howtoquicko
Quora: https://www.quora.com/profile/Quicko-2
