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Deductions & credits
Thank you!
I didn't know that 3K is in addition to offsetting other gains.
So, would this be a plausible scenario (based on 60K loss)
year passive income able to deduct
2021 2k (CDs) 5k
2022 2k (CDs) 5k
....
2023 2k (CDs) + 45k (stock sale) 50k
I would not necessarily structure it that way, but I just want to make sure I understood your point
I appreciate your help very much!
May 11, 2021
2:40 PM