What is the name of your state? CO
Using Schedule D to report Gain Loss.
is there a maximum Loss on Stock you can deduct ?
for example:
if I have Gain from Short Term ; let's say 6K
is there a limit (3K?, or ?) on Long Term Stock Loss I can include there to decrease my gain ?
I just want to sell only the necessary long term Stock to reduce my Sort Term Gain ....
Thanks
Using Schedule D to report Gain Loss.
is there a maximum Loss on Stock you can deduct ?
for example:
if I have Gain from Short Term ; let's say 6K
is there a limit (3K?, or ?) on Long Term Stock Loss I can include there to decrease my gain ?
I just want to sell only the necessary long term Stock to reduce my Sort Term Gain ....
Thanks