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Get your taxes done using TurboTax
Hello @markmoney1
Thank you for joining us today! We are so happy you are here!
You can, but there are limits. short-term losses are first deducted against short-term gains, and long-term losses are deducted against long-term gains. Net losses of either type can then be deducted against the other kind of gain.
Here is link that will show an example. TurboTax Capital Gains & Losses
Please let me know if you have any further questions, I will be happy to help.
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‎September 27, 2023
9:09 AM