Quote:
Originally Posted by Hog's Gone Fishin
Tax time, Just a thought but if you got stocks in your portfolio showing a loss and you can use a tax deduction you may consider selling them and if you still want to keep them buy back after Jan1.
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I THINK Unless you are filing it under a schedule C and paying SE tax on gain, your limited to 3,000 loss.
Or if it is hedging for a business.
I can’t remember all the rules but I THINK that is right.