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Get your taxes done using TurboTax
If the losses don’t pass through, then the $20k short term loss in the trust should offset my $10k short term gain and $10k long term gain within the trust. As a result, I will have $10k short term gain in my own stock account, instead of $10k long term gain in the trust to pay tax, correct?
August 12, 2019
7:36 PM