Tax-Loss Harvesting Explained (Without the Jargon)

Tax-loss harvesting is one of the few ways to turn a losing investment into something useful: a smaller tax bill. The idea is simple, but one rule, the wash sale, trips up almost everyone. Here it is in plain English, with the math.

How it works

The wash-sale rule (the one trap)

Who actually benefits

The honest catch

Open PerfinLab, the personal finance app that shows its math.