No. of Recommendations: 1
" I don't have a clue what "selectively harvested capital losses" means? "

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It means he didn't do too well and some of the stock he bought went down.

So he is selling it at a offset gains on some other stocks he bought and went up and he wants to sell now..... or , when you have mutual funds, they spin off long and short term gains - some more than others.

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