I have about $4k in realized short-term capital gains and, thanks to the recent correction, $7k in unrealized losses. What is my best move in terms of taxes? It would be a bit painful to pay capital gains taxes when I’m actually down $3k in 2018. On the other hand, I don’t want to sell just to bring down my realized gains. Are there other options?
Edit: Would there be any advantage if I brought my 2018 gains down to zero (by selling) compared to paying taxes on $4k gains in 2018 and deduct the losses in the subsequent years?
Submitted November 06, 2018 at 11:43PM by asml84 https://ift.tt/2PKTX4n