Message Font: Serif | Sans-Serif
No. of Recommendations: 0
Thank you for your reply, Pete. I have a follow-up question: You write: "Losses on stocks are capital losses and are netted against other capital gains."

As I was not planning to sell any of my profitable stocks, I don't have any capital gains to pair the loss with...

I just got into the stock market this year, bought 7 stocks, and have nothing over a year old.

Would it be advisable to sell a winner along with the loser, to offset the gain with a loss?

Thank You for your help.
Print the post  


In accordance with IRS Circular 230, you cannot use the contents of any post on The Motley Fool's message boards to avoid tax-related penalties under the Internal Revenue Code or applicable state or local tax law provisions.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.