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Re: stockstobuy post# 46711

Monday, 12/09/2019 11:50:02 AM

Monday, December 09, 2019 11:50:02 AM

Post# of 55227
Within one calendar year, all losses offset all gains - and vice versa. The total loss or total gains (across all stocks) is what the IRS will either credit or debit you for.


Losses across multiple years have a limit on your write off in any one calendar year. So if you have massive losses and no gains to offset them, it will take multiple years to get your tax loss credits.
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