How can I avoid gains taxes?

Asked 4 years ago

I know that there are some techniques one can use to lessen, or possibly negate, the amount of taxes one builds up. What are your best tactics to avoiding gains taxes?

Capital gains tax Tax payments Avoiding taxes

Andia Rispah Igobwa

Thursday, May 20, 2021

Here are a couple of ways to avoid capital gains:﻿
Invest in Exchange-traded funds.
Take advantage of tax-deferred retirement plans. For instance, you can invest in the 401(k).
Buy and sell investments in the retirement account.
Cancel the capital gains against your investment losses.
Hold stocks for a long time.