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Do you get taxes back if you lose money?
by tomp 3y ago
Do you get taxes back if you lose money?
- henriquez 3y agoHahahaha, good one! You can lose an unlimited amount of money and then deduct up to a maximum $3,000 a year, if you use itemized deductions. Thanks for playing.
- quickthrowman 3y agoYou can claim the $3,000 in capital losses while taking the standard deduction. Don’t ask me how I know ;)