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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.
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‎November 6, 2022
7:14 AM