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How much long term capital loss can you deduct 2024?

Harper Lee | 2023-05-08 00:39:33 | page views：1287
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Lucas Lee

Works at the International Union for Conservation of Nature, Lives in Gland, Switzerland.
You cannot deduct losses on the sale of property that you hold for personal use. Limit on Losses. If your capital losses are more than your capital gains, you can deduct the difference as a loss on your tax return. This loss is limited to $3,000 per year, or $1,500 if you are married and file a separate return.
2023-05-11 00:39:33
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Benjamin Wilson

QuesHub.com delivers expert answers and knowledge to you.
You cannot deduct losses on the sale of property that you hold for personal use. Limit on Losses. If your capital losses are more than your capital gains, you can deduct the difference as a loss on your tax return. This loss is limited to $3,000 per year, or $1,500 if you are married and file a separate return.
Capital Gains and Losses 10 Helpful Facts to Know | Internal Revenue ...
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