![20/20 MONEY artwork](https://is4-ssl.mzstatic.com/image/thumb/Podcasts113/v4/7d/b5/53/7db55334-cb08-fd02-21b0-22fa46ea4846/mza_6994282836153221955.jpg/100x100bb.jpg)
Don’t get “spooked” by a surprise tax bill: capital gain distributions during a market downturn—and how to plan accordingly
20/20 MONEY
English - October 31, 2022 10:00 - 51 minutes - 59.1 MB - ★★★★★ - 73 ratingsInvesting Business Health & Fitness business cfp optometry adamcmejla doctor eyecare finances financialplanning ophthalmologist optometrist Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Welcome to this episode of 20/20 Money! On today’s show we discuss the relationship between tax loss- and gain-harvesting and capital gain distributions from ETFs and mutual funds. We’ll run through a couple of examples of how you can proactively review your portfolio and potentially reduce your tax liability and not be surprised by a large 1099-DIV report during 2023’s tax season.
Resources:
Fidelity’s Tax Loss Harvesting article
20/20 Money Community Information
Follow us on Instagram: https://www.instagram.com/2020moneypod/
—————————————————————————————
Please rate and subscribe to 20/20 Money on these platforms
Stitcher
—————————————————————————————
For past episodes of 20/20 Money with full companion show notes, please check out our episode archive here!