Do you get taxes back if you lose money?
Hahahaha, good one! You can lose an unlimited amount of money and then deduct up to a maximum $3,000 a year, if you use itemized deductions. Thanks for playing.
You can claim the $3,000 in capital losses while taking the standard deduction. Don’t ask me how I know ;)
Hahahaha, good one! You can lose an unlimited amount of money and then deduct up to a maximum $3,000 a year, if you use itemized deductions. Thanks for playing.
You can claim the $3,000 in capital losses while taking the standard deduction. Don’t ask me how I know ;)