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Re: Hello! TurboTax seems to be deducting my TOTAL capital losses from my federal tax dues. I thought this loss was capped at -$3000? Why does it keep deducting?
Texas Roger
Level 15
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Get your taxes done using TurboTax
Yes the taxable gain is only $1000 in that example.
‎July 7, 2020
10:56 AM
