If you claim loss you are not eligible to claim, you will owe taxes on the income but also your cost basis will be increased by the amount of disallowed loss. In short, your tax deferral will be undone.
Honestly if this is causing you so much anxiety, it is not worth it for you. You don't need to TLH, it's just icing on the cake.
Honestly if this is causing you so much anxiety, it is not worth it for you. You don't need to TLH, it's just icing on the cake.
Statistics: Posted by Hyperchicken — Sat Jan 25, 2025 8:45 pm — Replies 82 — Views 4449