- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Tax loss harvesting/ reducing MAGI
Posted on 12/10/17 at 10:49 am
Posted on 12/10/17 at 10:49 am
Am I correct in reading that there is no limit to the amount of losses that can be realized during the year to offset capital gains?
I don’t want our income to be any higher this year and want to unload a bunch of losers that have been held for years to wipe out all gains. Thanks!
I don’t want our income to be any higher this year and want to unload a bunch of losers that have been held for years to wipe out all gains. Thanks!
2
Posted on 12/10/17 at 11:15 am to eye65
My understanding is you can use losses to offset any capital gains for the year, and up to $3000 in additional losses to offset ordinary income. If you have more, you can carryover to subsequent years.
Posted on 12/10/17 at 4:58 pm to eye65
The above is correct.
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News