Excellent question! When you sell stock you report the loss in the year in which they are sold. The date of purchase is used to determine how long you held the stocks before you sold them. The longer you hold a stock the better the tax rate (in the case of a gain). Short term (under 1 year) or long term (more than one year). In your case, if sell today at a loss, you would report the sale on your 2023 tax return. Capital losses can be carried forward indefinitely until fully utilized or exhausted. There is no expiration date for capital loss carryovers.
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