Thank you @nexchap
Now I'm wondering ... since the net impact is zero, with a LTGC (due to negative basis for the year), and corresponding loss due to using an equal amount of the cumulative losses, am I required to even do anything other than just keep track of the basis and losses on my own records so long as the losses exceed the gains each year?
Note: Now the cumulative losses greatly exceed the yearly LTCG due to negative moving basis, and I intend to liquidate all this year to eliminate these issues.
Thanks!
