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Title: One important tax rule concerning capital losses is that
Post by: zbuild007 on Mar 21, 2022
One important tax rule concerning capital losses is that

▸ capital losses are always fully deductible.

▸ a maximum of $3,000 of losses in excess of capital gains can be written off against ordinary income in any one year.

▸ a maximum of $10,000 of losses in excess of capital gains can be written off against other income in any one year.

▸ capital losses are never deductible.


Title: One important tax rule concerning capital losses is that
Post by: hhorton on Mar 21, 2022
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