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.