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So the gains would be taxed as normal income, does that mean that losses would be deductible?
by ghufran_syed 6y ago
So the gains would be taxed as normal income, does that mean that losses would be deductible?
- herpderperator 6y agoIn the US, up to $3k in losses can be deducted per year, the rest carries over and is eligible to be deducted the following year at the same $3k cap and with the same carryover rule.