Re: Stock Loss Tax Question


It will have you claim the loss (not more than 3000 of it; the
rest in future years) on form 1040 line 13.

Can I write-off a loss if I end up positive overall? In other words,
if I lost 2000 on one stock but made 5000 on another in one year, can
I use the 2000 loss as a write-off against the 5000 even though
overall I made money on the stock market?

.

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