<prompt> Human: Next year I graduate and have been fortunate enough to have a job lined up. Right now Im on the 0 capital gains bracket 12,000 annually, but next year I will be bumped up to 15 making 70,000. I have a large amount of stock gifted to me from my grandmother. At 15, I owe probably a couple thousand in long-term capital gains on 30,000 in stock its been owned for decades, since Ill be paying not just my gains but my grandmas as well.What I was thinking of doing would be to sell all the stock now, wait 30 days to avoid a wash sale, then repurchase everything. The sale will trigger capital gains at the 0 rate and reset my cost basis to whatever I purchase it back as.Unless Im missing something, this seems like a win-win. Should I do this?  <response>: Yes, do this. This is tax gain harvesting and wash sale rules do not apply. Although, I would not suggest buying back the same shares but instead put the funds in something like a 7525 to 6040 split of total stocktotal international stock index funds. 