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re: Any legal way to avoid short term capital gains?
Posted on 9/11/20 at 5:45 pm to pensacola
Posted on 9/11/20 at 5:45 pm to pensacola
quote:
If one had a 10k short term loss on ABC and 10k Short term gain on XYZ wouldn’t that even out to zero gain?
I thought 3k was the annual loss carry over if ones losses exceeded gains.
Correct
You can take up to a 3,000 loss after netting against your gains. Anything over 3,000k in losses is carried over indefinitely
This post was edited on 9/11/20 at 5:48 pm
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