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Can I elect to defer Cap gains if I have a cap loss carryover?
I have a large capital Loss carryover balance from previous years. If I sell stocks now and generate capital gains, can I elect to defer the gain and use the gain in a Qual. Opportunity Zone fund without using any of my capital loss?
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Basit Siddiqi
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@Teresa Wang
This will allow you to preserve the capital loss carryforwards.
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