I have considerable gains in my stock portfolio. I also hava a stock with significant potential losses. If I sell my entire holdings, can I offset the gains by my losses?

iron-duke — Sat, 01 Jun 2019 03:33:45 GMT

If you sell your investments with unrealized gains in the...

DDollar — Sat, 01 Jun 2019 03:33:47 GMT

If you sell your investments with unrealized gains in the same year you sell investments with unrealized losses, they will offset each other. If your gains exceed your losses, the net amount will be taxable in the year your sell. If your net losses exceed your gains you can take up to a $3,000 loss which will offset ordinary income that year. Any remaining losses can be carried forward to offset future gains or up $3,000 of ordinary income per year.

topic I have considerable gains in my stock portfolio. I also hava a stock with significant potential losses. If I sell my entire holdings, can I offset the gains by my losses? in Investors & landlords

I have considerable gains in my stock portfolio. I also hava a stock with significant potential losses. If I sell my entire holdings, can I offset the gains by my losses?

If you sell your investments with unrealized gains in the...