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Get your taxes done using TurboTax
I have IRA distribution, is $48,000 in 2020, capital gain is $6,000, so I need pay some tax for the income. I want to know the carryover capital loss from previous year (2019) can offset which portion of my income? Because I want to contribute max amount to my HSA.
As I know, the carryover loss can can be deducted from my income even there is no capital gain, am I correct?
‎December 27, 2020
10:03 AM