If I sell a stock holding with $50,000 gain this & another holding with $50,000 loss, would gain & loss offset each other with no tax liability? Both held for 2 yrs.

[Vanessa]

Yes, this would be a long term gain and a long term loss which would offset each other giving you no tax liability as long as the loss is equal to or greater than the gain. 

[billlee53070]

Since I'm planning to sell stock holding with $50,000 gain and another holding with $50,000 loss, would you please confirm that there is no maximum limit of stock gain that I can offset against stock loss?  Thanks again.