Is there a way to sell stocks with losses after 2018 to count against other gains in 2018?

Jan 25, 2019
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I had some realized gains from stocks and options in 2018 (all short-term gains). I also have unrealized losses in stocks (long-term). Those unrealized losses were already in such state in 2018. Is there a way to sell those stocks now to count against the 2018 gains?

No. Losses have to be realized (positions need sold/liquidated) in the respective tax year (2018) for the capital losses to be input into your 2018 tax return.

For more resources, check out PICPA’s Money & Life Tips, Ask a CPA, or CPA Locator.

Answered by: Jennifer L. Romberger, CPA, EA, is with Long Financial Group Inc. in Blue Bell, Pa.

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