Due to flattening boxed positions of stocks I bought to cover on Dec. 31st and also because of disallowed loses I have $500,000 of phantom income for 2020. Losses will be on 2021 return and I probably won't be able to use based on 3000 write off cap. Do you have any any suggestions on what I can do to avoid the $204,000.00 tax? or at least moderate it.
