Projections Over Time
• The “tax reduction” component, which directly reduces the current tax bill by offsetting gains on the Schedule D (1040) with harvested losses
• The “reinvestment” component, which reflects the reinvestment of the tax savings (the tax reduction), which generates additional returns over time (this is akin to reinvesting dividend)
Estate / Donation Disposition
Note: The average path illustrated in this slide may not be representative of individual experiences.
Tax Alpha’s 2 Components Both Contribute