ilmscore | Capital Losses to Offset Capital Gains Predictions
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Capital losses from selling investments can be used to offset capital gains. If losses exceed gains, up to $3,000 ($1,500 if single) can be deducted against ordinary income annually, with any remaining losses carried forward to future years.
"Now, if you have losses, you can use some of your losses to negate some of your wins when it comes t..."
Nov 12, 2023
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