A taxpayer suffers a $$30,000$ capital loss on the sale of capital stocks and bonds during the year. Our taxpayer has a marginal federal income tax rate of $30\%$ and has other securities in his portfolio that have unrealized capital gains. Since finance and tax is not his strong suit, he reaches out to family members to seek their advice. The family provides the following options for him to follow:

$$ Get a part$-$time job to offset the loss

$$ Sell some of your securities that have capital gains to offset the entire loss

$$ Sell some of your securities that have capital gains to offset some of loss

$$ Do nothing and simple write off the loss

Now, he knows some options but does not know which one, if any, is $$best$.$ He turns to you to evaluate the options and then provide him with some sage advice.