Personal Investments • Short-Term Capital Gains Tax Strategy

Hi everyone,

I'm a first-time poster here and would appreciate some advice on managing short-term capital gains.

I currently hold an H1B visa in the U.S. and actively trade stocks, typically buying and holding them for short periods before selling. Last year, I earned $400K in short-term capital gains and expect similar results this year and next.

I paid the full tax on my gains last year, but I'm wondering if there are any strategies to reduce the tax burden on short-term capital gains. If I can't implement any changes this year, what can I do in the future to save on taxes?

Thanks in advance for your suggestions!

Statistics: Posted by zhongcunjiubao — Sun Aug 18, 2024 1:07 am — Replies 4 — Views 262

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