Considerations
Every investor trades to maximize their gains and minimize their losses. Understanding the taxation on investments is important because it can save you real dollars. Tax Smart Trading is the ability to implement tax strategies into your trading activity to allow you to minimize your tax bill at year end (and maximize your profits!) GainsKeeper provides you with what we consider the most important tax saving strategies available to the average investor. Implementing these strategies will ensure that you will not pay more to the IRS than you really need to.
Below is a list of tax tips for tax smart trading. Click the appropriate link to view information for that tip.
Do you have unrealized losses in your portfolio, but no realized activity?
Do you have net realized losses greater than $3,000 with unrealized gains?
Note: Do not allow these tax tips to make your investment decisions for you. They should only be a consideration when planning, albeit an important one.