Reply To: Basic Capital Gain Planning

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#1850
DABU1989
Participant

Dear Kaye Thomas,

Thanks for your reply. I really appreciate it.

We have long-term capital gains of $5,000 (approx.) in 2018 and planning to take capital loss of $3,000 (approx.) in 2019 and will offset our ordinary income. Your article helped us with our tax planning. Otherwise, we would have taken long-term capital gains and capital losses in the same year. I will consider your suggestion. With regards, Dabu1989.