I am trying to help a friend with a situation. He was trying to offset 10K of losses. So he started selling. But because he didn't do the math correctly, he sold too much and ended up with 20K of gains.
Is there anything to be done to correct this? He doesn't have 20K of additional losses that he could liquidate to offset the 20K of gains.
TIA for any help.
Is there anything to be done to correct this? He doesn't have 20K of additional losses that he could liquidate to offset the 20K of gains.
TIA for any help.
Statistics: Posted by LCX2000 — Thu Oct 03, 2024 7:14 pm — Replies 10 — Views 306