Operating Losses and Long-Term Gain

Good afternoon,

Can long gain on sale of publicly traded stock be offset with NOL carryforwards from a business?

Client owns a business which is early in life. The business is a flow-through, and the client currently has ~$325,000 of loss carry forwards.

The client also has ~$400,000 in long gain in a taxable brokerage account. We would like to go to cash on a few positions, and I’m working to ascertain if any of this gain could be offset by the NOL carried forward into 2020.

Thanks for any insight or direction.

Warm regards,



This is a retirement account forum (hence the name irahelp) and not a general investment forum. You are less likely to receive a response to your post. You would be far better served by posting in a general investment forum.



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