How to handle taxes
Why does no one talk about taxes (USA). Quarterly taxes at 43% (fed+state).
What is the trade algorithm to follow knowing that for every time you sell you have to pay 43% tax on the gains and likely hit wash sales on the losses.
When do you decide to go for a ride hoping that the market doesn't wipe 43% of profits before turns around.
I opted to go for a long term gains, but got more than wiped out in February-March.
I don't day trade so I cannot set up as Mark to Market.
Hoping someone has some good pointers on how to navigate.
Posted Apr 9, 2026, 9:22 PM UTC
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