The book The Overtaxed Investor: Slash Your Tax Bill & Be a Tax Alpha Dog by Phil DeMuth provides actionable strategies for investors seeking to minimize their tax burden while maximizing investment returns. Below is a summary of the main techniques the book outlines:
1. Tax-Efficient Asset Allocation Place tax-inefficient investments, like bonds and REITs, in tax-advantaged accounts (e.g., IRAs, 401(k)s). Hold tax-efficient investments, such as index funds and ETFs, in taxable accounts. 2. Harvesting Tax Losses Use tax-loss harvesting to offset capital gains or up to $3,000 of ordinary income annually. Reinvest proceeds in similar but not "substantially identical" investments to avoid wash-sale rules. 3. Asset Location Strategies Differentiate between tax-deferred accounts, tax-free accounts (Roth IRAs), and taxable accounts. Allocate income-generating assets to tax-deferred accounts and growth-oriented assets to taxable accounts for better long-term tax management. 4. Municipal Bonds Invest in municipal bonds to earn tax-free interest income, especially advantageous for investors in higher tax brackets. 5. Index Investing Utilize index funds and ETFs to minimize turnover and the associated capital gains taxes. Avoid high-turnover funds that trigger frequent taxable events. 6. Timing of Capital Gains Defer realizing capital gains to maximize tax deferral benefits. Hold investments for over a year to qualify for lower long-term capital gains tax rates. 7. Tax-Advantaged Retirement Contributions Maximize contributions to 401(k), IRA, or other retirement plans to defer taxes. Consider Roth accounts for tax-free growth and withdrawals. 8. Charitable Contributions Donate appreciated securities instead of cash to avoid capital gains tax on the appreciated value. Use donor-advised funds for more strategic charitable giving. 9. Managing Required Minimum Distributions (RMDs) Strategically plan RMD withdrawals to avoid bumping into higher tax brackets. Consider qualified charitable distributions (QCDs) from IRAs to satisfy RMD requirements tax-free. 10. Tax-Efficient Withdrawal Strategies Follow a tax-efficient withdrawal order in retirement: taxable accounts first, then tax-deferred, and finally tax-free (Roth accounts). Be mindful of Medicare surcharges and Social Security taxation thresholds when planning withdrawals. 11. Estate Tax Planning Use trusts and other estate planning tools to minimize estate taxes. Consider "step-up in basis" rules to eliminate unrealized capital gains at death. 12. Avoiding Common Tax Pitfalls Stay updated on tax law changes that may impact investments. Regularly review and adjust investment portfolios for tax efficiency.
https://www.amazon.com/Overtaxed-Investor-Slash-Your-Alpha/dp/0997059605
我零零散散学会的避税方法，这本书都cover了，算是我看过的最系统的总结了。还有一些是我不知道的。
定投大盘的尤其应该看，因为定投大盘，目的就是获取市场的整体收益，既不会多也不能少，既不追求beat the market，也不能踏空跑输大盘。
既然预期投资收益是固定的，能多挣钱的方法只有尽可能的压低成本，而成本里税是大头。所以如何省税和避税，是指数基金被动投资者应该花时间学习的。
能长期稳定赚钱的洗桶就是好洗桶
要排除门户之见 ～ 您似乎还有路要走。 得罪了
The book The Overtaxed Investor: Slash Your Tax Bill & Be a Tax Alpha Dog by Phil DeMuth provides actionable strategies for investors seeking to minimize their tax burden while maximizing investment returns. Below is a summary of the main techniques the book outlines:
1. Tax-Efficient Asset Allocation Place tax-inefficient investments, like bonds and REITs, in tax-advantaged accounts (e.g., IRAs, 401(k)s). Hold tax-efficient investments, such as index funds and ETFs, in taxable accounts. 2. Harvesting Tax Losses Use tax-loss harvesting to offset capital gains or up to $3,000 of ordinary income annually. Reinvest proceeds in similar but not "substantially identical" investments to avoid wash-sale rules. 3. Asset Location Strategies Differentiate between tax-deferred accounts, tax-free accounts (Roth IRAs), and taxable accounts. Allocate income-generating assets to tax-deferred accounts and growth-oriented assets to taxable accounts for better long-term tax management. 4. Municipal Bonds Invest in municipal bonds to earn tax-free interest income, especially advantageous for investors in higher tax brackets. 5. Index Investing Utilize index funds and ETFs to minimize turnover and the associated capital gains taxes. Avoid high-turnover funds that trigger frequent taxable events. 6. Timing of Capital Gains Defer realizing capital gains to maximize tax deferral benefits. Hold investments for over a year to qualify for lower long-term capital gains tax rates. 7. Tax-Advantaged Retirement Contributions Maximize contributions to 401(k), IRA, or other retirement plans to defer taxes. Consider Roth accounts for tax-free growth and withdrawals. 8. Charitable Contributions Donate appreciated securities instead of cash to avoid capital gains tax on the appreciated value. Use donor-advised funds for more strategic charitable giving. 9. Managing Required Minimum Distributions (RMDs) Strategically plan RMD withdrawals to avoid bumping into higher tax brackets. Consider qualified charitable distributions (QCDs) from IRAs to satisfy RMD requirements tax-free. 10. Tax-Efficient Withdrawal Strategies Follow a tax-efficient withdrawal order in retirement: taxable accounts first, then tax-deferred, and finally tax-free (Roth accounts). Be mindful of Medicare surcharges and Social Security taxation thresholds when planning withdrawals. 11. Estate Tax Planning Use trusts and other estate planning tools to minimize estate taxes. Consider "step-up in basis" rules to eliminate unrealized capital gains at death. 12. Avoiding Common Tax Pitfalls Stay updated on tax law changes that may impact investments. Regularly review and adjust investment portfolios for tax efficiency.