Is short-term capital gain subject to tax loss harvesting?

Yes tax loss harvesting is able to offset short-term capital gains, which are taxed at higher rates as ordinary income. In the event of knowing that a capital loss has occurred, then it initially counteracts capital losses of the same kind- short term losses counter short term gains. They also can offset long-term gains in case losses surpass the short-term gains. Remaining losses may eliminate up to 3,000 of ordinary income upon all capital gains have been settled. The excess loss is subjected to perpetual carry forward. Since short-term profits usually translate into increased amounts of tax, it is possible to use a strategic harvesting of losses in volatile markets to substantially reduce the tax bill at the end of a year. Can Tax Loss Harvesting Offset Short Term Capital Gains