I have a question for the board.
If in 2024 I make two separate stock sales, one stock having a $40,000 loss and the other having $40,000 in long term capital gains, how does this affect my reportable income when it comes to ACA subsidies? Also, does the losing trade cancel out the income from the winning trade when it comes to trying to stay in the 12% tax bracket?
If in 2024 I make two separate stock sales, one stock having a $40,000 loss and the other having $40,000 in long term capital gains, how does this affect my reportable income when it comes to ACA subsidies? Also, does the losing trade cancel out the income from the winning trade when it comes to trying to stay in the 12% tax bracket?
Statistics: Posted by printer86 — Tue Dec 12, 2023 9:29 am