Community Information
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LTCG and STCG Loss Offset Collection?
Since losses from long-term capital gains (LTCG) and short-term capital gains (STCG) can be carried forward for up to 8 years, would you consider selling stocks that you plan to hold long-term but are currently at a loss? You could repurchase those shares in a few weeks or months, maintaining your original number of shares while realizing some losses that can be used to offset future gains. Would this strategy fall under the concept of tax-loss harvesting?3
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