I have Cap. Gn. of about $3500 this tax yr. Can I sell off, & take Cap. Loss of $6500?

posted

You can sell losers to directly offset the winners and then you can take up to $3000 of cap loss against ordinary income.

I have Cap. Gn. of about $3500 this tax yr. Can I sell off, &amp; take Cap. Loss of $6500?