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Deductions & credits
@samimi12 wrote:
can you offset short term gains with a long term loss ?
Yes, but note that losses from the sale of personal-use property are not deductible.
See https://www.irs.gov/newsroom/capital-gains-and-losses-10-helpful-facts-to-know-0
See also https://turbotax.intuit.com/tax-tips/investments-and-taxes/capital-gains-and-losses/L7GF1ouP8
‎October 11, 2020
10:43 AM
11,687 Views