I am currently unemployed and making zero income (am not planning on making any income this year or very little due to personal reasons). I have read that you need to wait thirty days after selling to re
buy in order to claim losses on your taxes. My question is are you able to sell and re buy stocks within those thirty days in order to claim gains as income this year so it will be in the lowest tax bracket. If so is this a good idea or would it be smarter to just wait until it becomes a long term capital gain (most of my investments are meant to be long term)?
Thanks in advance!
Submitted June 17, 2021 at 12:23AM by D_40 https://ift.tt/3gFwpcz