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| "MB" <mel[at]prodigy.invalid.net> writes: - quote - > I have some stocks that I've owned for a few
Not with the holdings you describe. Short-term losses first> years. These are showing a loss. I would just as soon sell > them either now or in January. I'm not sure which is best. > If I sell now, won't it reduce my tax favorable long term > gains. I'd rather have it reduce income subject to a higher > tax. Can this be done?? offset short-term gains, but it sounds like you don't have any short-term losses. Phil Marti Topeka, KS << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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| "MB" <mel[at]prodigy.invalid.net> writes: - quote - > I have some stocks that I've owned for a few
Not with the holdings you describe. Short-term losses first> years. These are showing a loss. I would just as soon sell > them either now or in January. I'm not sure which is best. > If I sell now, won't it reduce my tax favorable long term > gains. I'd rather have it reduce income subject to a higher > tax. Can this be done?? offset short-term gains, but it sounds like you don't have any short-term losses. Phil Marti Topeka, KS << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#-1
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| I am not sure about the strategy here. I currently have net short term gains. I also have long term gains, includes gains taken recently so they qualify for the favored tax. My question: I have some stocks that I've owned for a few years. These are showing a loss. I would just as soon sell them either now or in January. I'm not sure which is best. If I sell now, won't it reduce my tax favorable long term gains. I'd rather have it reduce income subject to a higher tax. Can this be done?? Any ideas? Mel << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
| Tags |
| gains, query, strategy |
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