$8000 in st loss $22000 in LT gain
Suppose I have $3000 in unrealized ST gain.
Do I take it now -- would nullify more LT gain (15% bracket) If I wait until 2024, then it might just nullify income (22%).
Thoughts?
Mel
confused on strategy here
Dec 07, 2023
Last reply: 2 years ago
1 Replies
If you take the $3000 in unrealized gain this year, the net result is $17K in taxable LT gain. If you defer taking the gain, you have $14K in taxable LT gain this year.
Ira Smilovitz, EA Leonia, NJ
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