edyorker
Level 2
11-10-2020
08:24 PM
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Exhausted enough cap losses to offset any federal capital gains taxes, however, NYS still shows tax since it considers it as ordinary income and has a lower standard deduction. I could use additional (stocks) losses to lower the NY tax, however, there is no additional benefit on the federal level and those losses may serve me better in the future. Looking for suggestions, thanks.
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