I have around $20k capital long term loss carryover from 2023. I have around $200k in cash. If in 2024 i put entire $200k in CD that earn 5%. The interest income will be $10k. But I only can deduct $3k loss for the interest income.
What if I buy the T-bond on secondary market. and keep the bond until maturity. The gain from the Secondary T-bond market, will it treat like capital gain, not as an interest income.
My whole goal is to maximize my capital loss from last year.
Thanks everyone
Submitted November 26, 2023 at 11:39PM by ivantran85 https://ift.tt/aSOFteX
