Tax loss harvesting is purposely selling some investments that are down to help lower your tax bill for that year. (maximizeyourmoney.com)
The intended result was an artificially low tax bill for the conversion. (fairmark.com)
A $ 2,500 deduction, if you are in the 25 % tax bracket, will lower your adjusted gross income by $ 2,500, thereby lowering your tax bill by about $ 620. (thecollegeinvestor.com)