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Blog: 5 Strategies To Reduce Investment Taxes With the tax talk out of Washington signaling higher tax rates on both earned income and investment income, investors would be wise to consider some tax moves. Higher taxes on interest income, capital gains and dividends are all under consideration. In situations like this, it’s often prudent to move before the legislation is passed, so here are five ideas to consider to reduce investment taxes. Revisit your asset location. It is beneficial to put less tax-efficient assets in IRA’s and more tax efficient assets in your non-qualified accounts. For example, corporate bond interest is taxed as ordinary income when earned. Therefore, these and other taxable bonds are better suited for a tax-deferred account such as an IRA where they are sheltered from current taxation. Gains on stock investments, on the other hand, are not assessed capital gains tax until the asset is sold.

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