Is tax-loss harvesting available to all users?

• Related Articles

• Are tax documents automatically updated considering tax-loss harvesting transactions?

  Yes, once your tax-loss harvesting transactions have been executed, the tax documents available in our Tax Module are automatically updated.

• Is bonus stripping eligible for tax-loss harvesting in India?

  As per the Amendment to Section 94(8) of the Income Tax Act, capital gains/losses from bonus stripping transactions are not eligible for tax-loss harvesting.

• Can I club my India & US PnL to take advantage of tax-loss harvesting?

  Yes, your capital losses/gains account for all assets you own. Please consult a tax advisor on how to take advantage of tax-loss harvesting across all your assets.

• Does tax-loss harvesting take into account currency depreciation as well?

  Vested’s tax-loss harvesting module helps you reduce the taxable capital gains of your portfolio in US dollars. Since all assets you own and sell are in US Dollars, there is no currency depreciation to consider.

• What is tax-loss harvesting, and how does it work on Vested?

  Tax-loss harvesting is a strategy used to reduce taxable capital gains of your portfolio: You deliberately sell assets that have incurred losses to offset current or future capital gains. Example: Assume a single investor earns an income of $580,000 ...