overtaxed13
Returning Member

tax loss harvesting

I expect a mutual fund to report a large capital gain distribution for 2022.  In years past, this fund has always reported these on Form 1099-DIV, Box 2a.  No redemptions involved.

I have no other capital gains nor losses for 2022.

I have ordinary income well in excess of the capital gain distribution.

I have the opportunity to tax loss harvest by selling various stocks, either short term loss or long term loss.

Please advise on which to choose and why.