To keep it simple, let's say I sold 3 different stocks in 2023:
stock A was sold with a long term gain of $1000.
stock B was sold with a long lose of $1000.
stock C was sold with a short term gain of $1000.
Do I have a short term capital gain of $1000 for the year of 2023?
Yes, you are correct, short term capital gain since the long term transactions cancel each other out.
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