How the Capital Loss Carryforward Offsets Future Gains

Episode 85 of The Tax Strategy Podcast with Fexingo digs into the capital loss carryforward rule — a powerful but often overlooked tool for tax planning. Lucas and Luna walk through how selling a losing stock in July 2026 creates a tax asset that can offset future capital gains and even ordinary income up to $3,000 per year. They use a concrete example: a fictional $15,000 realized loss on a biotech stock that tanked after FDA rejection, and show how that loss can save you taxes for years. The hosts explain wash sale traps, the difference between short-term and long-term losses, and why you should harvest losses even in a bull market. No clickbait, no hot takes — just a clear, practical breakdown of one of the IRS's most taxpayer-friendly rules. #CapitalLossCarryforward #TaxLossHarvesting #WashSaleRule #CapitalGains #TaxStrategy #Finance #TaxPlanning #Investing #IRSRules #StockMarket #TaxSavings #FexingoBusiness #BusinessPodcast #PersonalFinance #TaxTips #PortfolioManagement #TaxEfficientInvesting #LucasAndLuna Keep every episode free: buymeacoffee.com/fexingo