Quick one I've been thinking about. If I have significant carryover losses, can this positively impact me going into retirement?
In my early days, me and DW had an investment that we experienced a significant loss in, It would take decades to reclaim that and use up that loss at the $3,000 per year max.
Im not clear on it, but after retirement we will be taking more capital gains as income and Im curious of the tax implications of such.
Are there any alternatives to consider?
In my early days, me and DW had an investment that we experienced a significant loss in, It would take decades to reclaim that and use up that loss at the $3,000 per year max.
Im not clear on it, but after retirement we will be taking more capital gains as income and Im curious of the tax implications of such.
Are there any alternatives to consider?