LogFAQs > #950519456

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Topic	Stock Topic 21
HeroicCrono 02/11/21 8:43:21 AM #238:	ExThaNemesis posted... How much do your losses have to exceed in order to do this? You can deduct the actual amount by which your realized losses exceed your realized gains, up to a maximum of 3k a year. If you have losses beyond that, it gets saved and can offset gains in future years (or, if there aren't enough such gains, you can keep using 3k a year to offset ordinary income until the losses are used up). --- This is Red Sox 777 on a mobile phone. <cite>HeroicCrono posted [p:950519456] in Stock Topi... [t:79286456]...</cite> <quote>ExThaNemesis posted... </cite> <quote>How much do your losses have to exceed in order to do this?</quote> You can deduct the actual amount by which your realized losses exceed your realized gains, up to a maximum of 3k a year. If you have losses beyond that, it gets saved and can offset gains in future years (or, if there aren't enough such gains, you can keep using 3k a year to offset ordinary income until the losses are used up). --- This is Red Sox 777 on a mobile phone.</quote> ... Copied to Clipboard!
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