Uploaded December 2024 | Updated September 2026, 1 week ago
This year, the stock market has had a strong run, with many investors seeing gains in their stock portfolios. But what if some of your investments didn’t perform as well?
Here’s the good news: even if you’ve experienced losses, you can use them strategically to reduce your tax bill. Whether you're planning for this year or preparing for the future, understanding stock loss harvesting strategies can help you offset gains, reduce your taxable income, and keep more of your money in your pocket.
In this video, I’ll break down the essentials of stock loss harvesting, including how it works, how to navigate the IRS wash sale rule, and how to make the most of your investments—even when they don’t go as planned. Whether you’ve had a winning year or are looking to learn strategies for the next one, stick around—these tips could save you big, come tax time. Stay Tuned!
💜 Enjoy my work? Support me on Patreon!
patreon.com/noellorenzana
☕ Buy Me a Coffee: Help support the channel!
buymeacoffee.com/NoelLorenzana
Hi, I'm Noel Lorenzana, a Registered CPA based in Illinois. I created this channel to help everyday people better understand money, protect their wealth, and prepare for whatever comes next through thoughtful discussions about gold and silver, wealth management, and tax strategy.
On, this channel, I simplify taxes for your business and offer tax tips for you! Let me know if there is anything you would like me to discuss. Feel free to connect with me on Social Media.
★CONNECT WITH ME ON SOCIAL MEDIA ★
Website: noellorenzanacpa.com
Facebook: web.facebook.com/noelblorenzana
LinkedIn: linkedin.com/in/noellorenzanacpa
🎥 RECOMMENDED VIDEOS 🎥
youtu.be/8P0IvxXwBcE
youtu.be/5d5rKm_2OQE
youtu.be/QQzj8KYgftM
Thanks for watching my video on, Slash Your Tax Bill with STOCK LOSS HARVESTING Strategies!
Disclaimer: The information presented in this video is for informational and educational purposes only and should not be considered accounting, tax, legal, financial, or investment advice. Watching this video does not create a client relationship. While I strive for accuracy, I cannot guarantee that all information is complete, current, or applicable to your specific situation. Always consult with a qualified professional before making financial, tax, or investment decisions.
Affiliate Disclosure: Some links in the description may be affiliate links, which means I may earn a commission if you purchase through them at no additional cost to you. I only recommend products and services that I have personally researched, use, or believe provide genuine value to my audience.
⏱️VIDEO CHAPTERS⏱️
00:00 - Introduction: STOCK LOSS HARVESTING Strategies
01:02 - What is Stock Loss Harvesting?
01:24 - How Stock Loss Harvesting Works?
02:43 - The IRS Wash Sale Rule: What You Need to Know
02:59 - How Does the IRS Wash Sale Rule Work?
03:23 - Why Does the Wash Sale Rule Exist?
03:43 - What Happens If You Trigger a Wash Sale?
04:48 - How to Avoid the Wash Sale Rule?
05:46 - BONUS TIP: The Wash Sale Rule and Cryptocurrency
06:19 - Pro Tip: Keep Records Organized
06:51 - Key Takeaways and Action Steps
Replay Video Link: youtu.be/oZcLFI7-weg
#stockloss #stockinvesting #stocklossharvesting
This year, the stock market has had a strong run, with many investors seeing gains in their stock portfolios. But what if some of your investments didn’t perform as well?
Here’s the good news: even if you’ve experienced losses, you can use them strategically to reduce your tax bill. Whether you're planning for this year or preparing for the future, understanding stock loss harvesting strategies can help you offset gains, reduce your taxable income, and keep more of your money in your pocket.
In this video, I’ll break down the essentials of stock loss harvesting, including how it works, how to navigate the IRS wash sale rule, and how to make the most of your investments—even when they don’t go as planned. Whether you’ve had a winning year or are looking to learn strategies for the next one, stick around—these tips could save you big, come tax time. Stay Tuned!
💜 Enjoy my work? Support me on Patreon!
patreon.com/noellorenzana
☕ Buy Me a Coffee: Help support the channel!
buymeacoffee.com/NoelLorenzana
Hi, I'm Noel Lorenzana, a Registered CPA based in Illinois. I created this channel to help everyday people better understand money, protect their wealth, and prepare for whatever comes next through thoughtful discussions about gold and silver, wealth management, and tax strategy.
On, this channel, I simplify taxes for your business and offer tax tips for you! Let me know if there is anything you would like me to discuss. Feel free to connect with me on Social Media.
★CONNECT WITH ME ON SOCIAL MEDIA ★
Website: noellorenzanacpa.com
Facebook: web.facebook.com/noelblorenzana
LinkedIn: linkedin.com/in/noellorenzanacpa
🎥 RECOMMENDED VIDEOS 🎥
youtu.be/8P0IvxXwBcE
youtu.be/5d5rKm_2OQE
youtu.be/QQzj8KYgftM
Thanks for watching my video on, Slash Your Tax Bill with STOCK LOSS HARVESTING Strategies!
Disclaimer: The information presented in this video is for informational and educational purposes only and should not be considered accounting, tax, legal, financial, or investment advice. Watching this video does not create a client relationship. While I strive for accuracy, I cannot guarantee that all information is complete, current, or applicable to your specific situation. Always consult with a qualified professional before making financial, tax, or investment decisions.
Affiliate Disclosure: Some links in the description may be affiliate links, which means I may earn a commission if you purchase through them at no additional cost to you. I only recommend products and services that I have personally researched, use, or believe provide genuine value to my audience.
⏱️VIDEO CHAPTERS⏱️
00:00 - Introduction: STOCK LOSS HARVESTING Strategies
01:02 - What is Stock Loss Harvesting?
01:24 - How Stock Loss Harvesting Works?
02:43 - The IRS Wash Sale Rule: What You Need to Know
02:59 - How Does the IRS Wash Sale Rule Work?
03:23 - Why Does the Wash Sale Rule Exist?
03:43 - What Happens If You Trigger a Wash Sale?
04:48 - How to Avoid the Wash Sale Rule?
05:46 - BONUS TIP: The Wash Sale Rule and Cryptocurrency
06:19 - Pro Tip: Keep Records Organized
06:51 - Key Takeaways and Action Steps
Replay Video Link: youtu.be/oZcLFI7-weg
#stockloss #stockinvesting #stocklossharvesting
