Yes, but only $3,000 ($1,500 if married filing separately) of capital loss can be deducted against earned or other types of income in the year.
Your total net loss shown on line 16 of Schedule D (Form 1040). Claim the loss on line 7 of your Form 1040 or Form 1040-SR.
If you have any leftover losses, you can carry the amount forward and claim it on a future tax return.
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