offset these (and of course because you want to sell the stock anyway), is it better to take a short term loss or a long term loss? The holding period is right on the edge, so I could sell now for short term loss or hold on for another two weeks, then sell for a long term loss. Normally, long term is preferable, but long terms gains are taxed at a lower rate than short term gains, so it seems reducing the short term gains may be preferable in this case. (Assume stock will remain at constant price, and that the loss will reduce neither the long nor short term gains below zero.) Thank you.
2007-10-12
11:41:01
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1 answers
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asked by
heart_and_troll
5
in
United States