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Why is my stock loss not adding up correctly?
My 1099-B forms reflect a loss of $143.92 short term loss and $594.89 long term loss (that one was from when I transferred UBS stock to bring it over to my Morgan Stanley account - it's on the Morgan Stanley 1099-B and didn't even show up on my UBS 1099 if that is relevant). I see it on the income list and obviously it's well under the $3000 limit. But when I click "see my capital losses" it only shows up as $113.
Meanwhile I have $1,265.07 in dividends that also show. I also have interest on some savings accounts ($3,398). Does this somehow affect my losses? I know that I owe over $400 because of those interest accounts, but why am I getting the short end of the stick for my losses when it's fully charging me for my dividend income??
‎April 10, 2024
2:59 PM