ilmscore | Prediction Details
"if you lost some money in stocks or cryptos but haven't sold out yet of that position then you can sell the stock or that crypto for a loss and then claim that deduction to reduce your taxes this is called stock loss harvesting or crypto loss harvesting ultimately you sell off your losing position and then you lock in your loss with a loss you can write it off and pay less taxes"
By ClearValue Tax | November 29, 2020 | Pending
From video
9 Tax Hacks To Maximize Your Refund! 00:06:02 - 00:06:30
Interpreted Prediction
Selling stocks or cryptocurrencies at a loss before the year ends can be used to offset taxes through a strategy called tax loss harvesting.

Prediction Details

Ticker
CRYPTO

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