Hello r/investing.
I currently have a long term stock holding that I am looking to get rid of and it is at a long term unrealized loss of $1000. I also have a short term realized gain $700 this year. For tax purposes, would realizing some of my long term losses do anything for reducing the tax on pay on my short term gains? I am a U.S citizen using a taxable Merrill Lynch account from Bank of America.
Submitted September 11, 2017 at 09:26AM by Evil_Thresh http://ift.tt/2y0qSWW
