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zbuild007 zbuild007
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2 years ago
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.
Textbook 
Fundamentals of Investing

Fundamentals of Investing


Edition: 14th
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hhortonhhorton
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2 years ago
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zbuild007 Author
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2 years ago
This helped my grade so much Perfect
dedricgard
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Yesterday
Thanks
kc123
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2 hours ago
this is exactly what I needed
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