The methodology of calculating "Recognized Loss" does not account for the ripple effect of tax liability it could have. The LT and ST capital gains was the smallest affect for me. I had to pay back all my Affordable Care Act subsidies AND my son lost all his University financial aid for the following year. These amounted in excess of $20,000 loss for me! The capital gains were minimal in comparison. Perhaps the "Present Value Factor" could make up for it. We shall see.
Ron