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Old 01-03-2012, 10:23 AM
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Gain-Loss Netting

I have short-term losses accumulated and carried forward through the years. I am in the 15% bracket, and thus, long-term gains are not taxed. This year I have large long-term gains. It appears my losses are now "wasted" to offset long-term gains that will not be taxed anyway. Is this correct? Is there a way that I do not have to use up my losses to offset gains taxed at 0%?

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