Mark These Tax Loss Selling Dates on Your Calendar – Updated 2024
April 2024 Tax Loss Selling Dates
April 1, 2024 – The first trading day after March 31, the date is determined to be the closing level for the current tax year.
April 19, 2024 – The last trading day for realizing tax losses.
April 26, 2024 – Last day for using realized tax losses against gains in prior fiscal year.
August 2024 Tax Loss Selling Dates
August 1, 2024 – The first trading day after July 31, the date is determined to be the closing level for the first half of the current year.
August 16, 2024 – The last trading day for realizing tax losses for the first half of the year.
August 23, 2024 – The last day for using realized tax losses against gains in the first half of the current fiscal year.
November 2024 Tax Loss Selling Dates
November 1, 2024 – The first trading day after October 31, the date is determined to be the closing level of the third quarter.
November 23, 2024 – Last trading day to realize tax losses to connect year-to-date prior November 22.
November 30, 2024 – Last day for using realized tax losses against gains through November 29.
Conclusion
Marking these tax loss selling dates on your calendar and staying informed about the respective deadlines is crucial for tax planning and optimizing your investment portfolio. By strategically utilizing tax loss selling opportunities, investors can effectively manage their taxable gains and losses throughout the year. Stay updated on these key dates to make the most of tax loss selling and enhance your overall financial strategy.