- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
Thank each one of you for the thoughtful answers. I am trying to do some proactive tax planning and have not yet sold any stocks for tax loss harvesting in 2022. I am trying to decide whether or not it is a good idea for me to sell some losing stocks to reduce my taxable income. I will be in either the 24% or 32% tax bracket for 2022. I cannot yet determine which, because I do not know what the distributions will be. However, the Box 2a figure will probably be in the vicinity of $80-90,000. I want to ensure I get the maximum tax advantage if I choose to sell some long or short term losers. Any further thoughts will be appreciated. Thanks again to all.
‎November 6, 2022
10:43 AM