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Sheepdog

01/19/23 4:00 PM

#340496 RE: Noghawbuck #340495

Gains in excess of losses are taxed. Losses in excess of gains of less than $3K can be written off. Losses in excess of gains of more than $3K can be carried forward.

Careful in mix/matching short V Long term gains/losses as they are drastically different tax rates.

A lot of investors in Snakes will be writing off their losses here until they die.