An individual has current year recognized short term capital gain $50,000. The taxpayer plans to sell two capital assets one having a long term capital gain of $50,000 ( asset G) and one having a long term capital loss of $50,0009 (asset L). Assuming it is near the end of the current taxble year and the value of assets G and L will not change. When should asset G and L be sold to minimize tax.

Select one:

A. Sell G and L in current year

B. Sell G in current year and L next year

C. Sell L in current year and G next year.

D. Sell G and L next year