If it has gained nothing, you’re fine to switch the back. Great thanks for all the help…one last question since I have never done this… I don’t see any issues. They would likely only see it in the event of an audit. If you use a CPA do they just keep track of what is carried over from year to year instead so you know your remaining balance for future years’ deductions? For the Emerging Markets, I’d look for a different broker’s emerging markets fund. I sold some VTSAX and VTIAX only to realize that in my wife’s retirement account she has these same mutual funds but are labeled as a trust with lower expense ratios. Since VIGAX has a low yield of only 0.93% it makes sense to own VIGAX in taxable accounts to minimize taxes. For ETF’s or stocks, it’s 3 days. Just note that most people would consider the ETF version of a mutual fund to be substantially identical, so don’t try to harvest VTSAX and buy VTI or vice versa. This is very helpful and obviously took you a while to put together – kudos! Funds that follow the same index, but are offered by different companies (i.e. Thanks. Should I change the VTSAX on the ROTH IRA to something else? You may want to consult a CPA to help you fight the IRS on it. VMCIX: 886 Once you get over that hurdle of making that first TLH transaction, you realize it’s pretty darned simple. Any way to retroactively make a switch? Mine is all pretty much in ETFs… If I understand this correctly…exchanges are not possible for ETFs? Really not a big deal. The stock market is volatile, and it’s not unusual to see downward swings of 5% to 10% in a few days’ time. Thank you so much for this great resource. I do like to avoid gray areas — this could be considered one, I suppose. What should be the ratio of small to mid cap (I saw yours to be around 50/50). Nope — you’ll get a form 1099-B from Vanguard summarizing the total long-term and short-term losses in January or February in the year after you take your paper losses. You won’t be able to use that money to purchase the ETF until the market opens the next day (unless you keep a sizable cash “slush fund” that you temporarily replete to make the transaction). PoF, one other question . Aside from just waiting to TLH until you have a larger capital loss and/or using ETFs rather than mutual funds (which can only trade at the end of the day) any other suggestions for avoiding having your capital loss turn into an inadvertent capital gain? You can go to your “Transactions” and see when the trade settles. Does it matter whether it is short or long-term capital losses? There’s a Capital Loss Carryover Worksheet that tracks short-term and long-term capital losses separately. Also should i continue to keep my 15-20K emergency fund in the money market/checking acount vs investing acount and moving it to checking aount when I need it? The remainder of allowed claims will have seen 46.036 percent of their claim amount returned from the funds recovered by the Trustee plus the SIPC advance of up to $500,000.”. VTSAX vs. VTI: Performance. You can see the size of the loss you’ll be taking and as long as you remained invested (you could exchange VSIAX for small cap growth and/or value funds), you don’t actually lock in a true loss. This page was generated at 12:53 PM. That’s a good thing — the last thing I want to do is buy more VTSAX and create a wash sale. Unrealized gains will never cause a wash sale. I’m traveling for a few weeks and don’t have access to my 1040, so I can’t answer the 8949 question. The few individual stocks we hold are currently way in the money. I didn’t see these comments before I posted further down. 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