Thanks for the explanation. I believe capital losses of $3000 is the maximum that I can claim a year to reduce my AGI and IRMAA then.
Suppose I do have capital loss carryover from prior year but I have capital gain of $3,000 for the year, that would even out with $3,000 from carryover losses . Don't you think it is better in this case, to do tax harvesting by selling one that has a loss say, $3,000 or so too? That way I can use capital carryover loss of $3000 to bring my AGI down by $3,000? Am I right?
