Hi All. I've never tax harvested before but have been reading up on it. I want to get in on the action, so can the seasoned investor help with the following questions please:
1) How do I know which funds are equivalent to do the switching. I've picked up a few tidbits from this forum (e.g. Vanguard TSM for Fidelity TSM, or Vanguard TSM for Vanguard 500), but is there a list somewhere that helps you find equivalent funds?
2) When you switch, do you have to sell the whole enchilada (e.g. exchange all of VTI for Vanguard 500), or can your sell only the lots that had losses. From my reading, you have to sell the whole thing, since the re-invested dividend from the remaining lots can trigger a wash sale.
Thanks.
T
1) How do I know which funds are equivalent to do the switching. I've picked up a few tidbits from this forum (e.g. Vanguard TSM for Fidelity TSM, or Vanguard TSM for Vanguard 500), but is there a list somewhere that helps you find equivalent funds?
2) When you switch, do you have to sell the whole enchilada (e.g. exchange all of VTI for Vanguard 500), or can your sell only the lots that had losses. From my reading, you have to sell the whole thing, since the re-invested dividend from the remaining lots can trigger a wash sale.
Thanks.
T
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