I experienced losses over the $3000 limit. Does it make sense to sell a stock that I made a profit on to offset the losses, and then rebuy the stock because I believe it will continue to make money? i.e. Sell stock A short term loss $2000. Sell stock B long term loss $3000. Sell stock C for short term gain of $5500.
Pay tax on the $500 short term gain and then rebuy the stock?
It would seem I then have saved paying future tax dollars on the $5000 gain.