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Author: JeanDavid Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121061  
Subject: Re: Claiming Cap. Loss Date: 12/10/1997 4:08 PM
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<<<If, for whatever reason, you DO want to specify the other lower basis ($18) shares, you might be able to do so (but, as KAT points out, I'm not sure why you would want to do so).>>

Might want to generate a short-term loss carryover (the higher basis shares were held long-term). Wouldn't matter for this year because no other gains or losses, but for next year could be better. But the original question indicated only an interest in generating a $3,000 loss for the current year.?

Similar for me. I wanted to generate a $3000 tax loss, but wanted to raise as much money as possible, so I sold the shares with the lowest capital loss (lowest in terms of absolute value). Later I should be able to sell few shares to get a larger capital loss if I need to.
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