A loss offset account contains losses from capital investments that can be offset against gains. If you don’t use this account, you might end up paying unnecessary taxes. That’s why, when optimizing your taxes, it’s important to offset existing losses against gains to lower your tax burden.
Ginmon takes this into account automatically in portfolio tax optimization.
Why is it important to use the loss offset pool when optimizing taxes?
Why is it important to use the loss offset pool when optimizing taxes?
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