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For IRS, would the person who sold you it at loss of 50 be able to harvest loss of that 50? Thus well overall there was only 20 of profit?
by Ekaros 1y ago
For IRS, would the person who sold you it at loss of 50 be able to harvest loss of that 50? Thus well overall there was only 20 of profit?
- greyface- 1y agoYes, secondary sellers can claim capital losses. But they typically go for a discount even at the primary Treasury auction, so there's still more than $20 of total profit after netting across holders.