Is your taxable account a leaky bucket that generates a tax nuisance every year? Are you using capital gain offsetting rules to lower your tax bill each year? You can schedule an appointment with one of our Retirement Experts to look at your situation and help you plan for your future. Call us at (920) 544-0576 or go to https://www.safeguardinvest.com/contact.

Capital gains tax math can be a fairly complex part of tax planning in retirement.

During a given year, we may incur short terms capital gains and losses as well as long term capital gains and losses. Some investors treat these as stand alone taxable events.

THEY ARE NOT!

Short and long term events are commingled and offset one another within the tax code.

In this video today, we are going to help you perfectly understand your capital gains tax bill in less than 10 minutes.

We will also uncover 4 capital gain mistakes that we see a lot of investors make each year.

Here are the timestamps:
0:00 The Capital Gains Matrix
0:15 Two Types of Capital Gains
1:04 Understanding Capital Gains Offsetting
2:24 Capital Losses and Carry Forward Losses?
4:30 A Complex Offsetting Example
5:21 Captial Gains Mistake #1
7:09 Captial Gains Mistake #2
8:05 Captial Gains Mistake #3
9:17 Captial Gains Mistake #4

Links to Videos Referenced in this Video (We recommend finishing this current video before viewing these below):
Yield Splitting -    • THIS Simple Tax Splitting Strategy Ca...  
5 Taxable Account Rules to Follow -    • 5 Taxable Account Rules to Follow for...  

#CapitalGains #TaxPlanning #RetirementIncomePlanning
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Always remember, "You Don't Need More Money; You Need a Better Plan"

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Safeguard Wealth Management is a Registered Investment Advisor in the State of WI. Safeguard Wealth Management is not an insurance provider. All content on Youtube is for informational purposes only and should not be taken as personal advice for your situation. You can read more disclosures at https://www.safeguardinvest.com/fiduc...