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I wouldn't really turn it into a question of perjury. You don't seem to be understanding what I am asking, because as far as I'm reading it taxes are filed on income only.   Capital Losses by any definition would not be income and would be deductions.   I am swearing that all taxable income is on there, so that seems to be a little bit of a heinous response.  Last I checked the less deductions you incorporate the happier the government is.