Hi GCC Community / Jeremy,
I heard GCC on ChooseFI's podcast. I was hoping you could potentially assist me on understanding capital gains harvesting a bit better. I am a single guy that makes approx. 86k (2 incomes one is a side job that pays 14K). I max out 401k (18K). I contribute to IRA (unfortunately Roth). I have stock in ESPP. I plan to contribute to a taxable brokerage account (maybe 10K) with Vanguard. I am trying to wrap my head around my marginal income tax rate and if I can take advantage of capital gains harvesting in my current state (assuming income, etc doesn't change). Normally, I am able to understand this stuff pretty quickly (Roth Ladder, etc), but this term just hasn't clicked with me (hopefully someone can 'dumb' it down for me). Apologizes if this is a dumb question. Thank you GCC Community / Jeremy for this great community you have set up.