Anonymous
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Get your taxes done using TurboTax
Thank you for your reply.
The unrealized loss will offset the ordinary income first. If the total ordinary income is less than the unrealized loss, the capital gain (investment income) will be offset. Is that right?
Or the capital gain cannot be used to offset the unrealized loss because their tax rates are not the same?
‎November 8, 2024
7:37 PM