Advice on how to liquidate stock accounts?

CCDD14
Sun, 02 Aug 2015 03:50:07 +0000

Unfortunately it does not work this way. But
if you have $10k in capital loses and $5k in capital gains, you will reduce your regular income by $3k this year for tax purposes, and reduce it by $2k next year.

Very interesting discussion about transferring stock from IRA to taxable account as port of RMD. If this was legal can you transfer out the stock that is underwater, sell it and write off capital loss?