"I know yeah, That's BS!" And SERIOUS BS if you made $10K on one stock but lost $10K on another or did so in one single stock too. because the feds will see you as profitable for $7K and you get the luxury of paying unearned taxes for that $7k! but that's the rule. "
if you lose 100k on one stock and gain 50k on another you pay no tax . what you are saying is not reality. now on earned income you can write $3k off your earned active income from your passive unearned losses. passive gains and losses are cancelled from each other on a par level ...learn how to read please. i hope you don't do your own taxes.
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