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steadykickin

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steadykickin

Re: happyglass post# 2173

Friday, 03/26/2021 6:11:41 AM

Friday, March 26, 2021 6:11:41 AM

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Too late to sell for tax loss to benefit for current IRS tax filing. Tax loss selling typically occurs November/December to reap the benefits you are speaking of. Selling now to harvest tax losses would be of no benefit for current tax filings (for 2020). It would only benefit a person on next years filings (for 2021). Much too early to consider tax loss selling for next years IRS tax filing for individuals.
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