Turn your losses into savings

Most investors pay more in taxes than they need to—not because they’re careless, but because they don’t realize their unrealized losses can be used strategically.

Tax-loss harvesting is one of the simplest, most accessible ways to reduce your tax bill and improve long-term returns. It turns a losing position into a tax advantage—without changing your overall investment strategy.

What tax-loss harvesting actually does

• Offsets capital gains dollar-for-dollar

• Reduces taxable income (up to IRS limits)

• Lets your portfolio stay fully invested throughout

• Creates long-term flexibility to manage future taxes

Short-term vs long-term matters

Short-term gains are taxed at higher ordinary-income rates. Short-term losses offset those first—which makes them incredibly valuable.

The primary risk: wash sales

A wash sale happens when you sell at a loss and repurchase the same or “substantially identical” security within 30 days. This disallows the tax benefit.

Most people trigger wash sales accidentally across different accounts.

Mezzi checks all your accounts automatically so you don’t have to sort through transactions manually.

What to do today in Mezzi

Review your Insights

1. Go to the Insights tab

2. View Available tax savings

3. Set tax rates

4. Tap Tax-loss harvesting

5. Review all unrealized losses in taxable accounts

6. Compare short-term vs long-term

7. Tap “Sell” to review replacement suggestions

Hop over to AI Chat and try asking:

"What are my tax-loss harvesting opportunities?"

“Will a sale of NVDA trigger a wash sale?”

“Suggest a replacement security for VTI that won’t trigger a wash sale.”

Day 1 Checklist

• Identify all positions with losses

• Separate short-term vs long-term

• Run wash-sale checks

• Select replacement ETFs/stocks

• Execute tax-loss harvest trades

• Set a repurchase reminder for 30 days