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riseup

01/06/16 8:39 AM

#31397 RE: ironwill23 #31395

U have to sell my end of year to take the loss

Toxic Avenger

01/06/16 8:53 AM

#31399 RE: ironwill23 #31395

Check with your broker. They may "buy" the shares for the commission cost only.
You can deduct up to $3,000/year in net losses ($1,500 if married filing single) and carry over the balance to future years, with a net loss of $3k (or $1.5k) in every year.