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Will I lose my stock losses if Ttax says standard deduction filing is only option?
I have itemized deductions but Ttax is showing standard deduction for filing- will I lose my stock losses ($12k) on future gains?
I've used Ttax for several years and have the same profile when filing -self employed, have rental income, stock g/l, dividends, interest gains.., but took stock losses last year (harvested) to put toward future gains. Will those losses fade away if Ttax says to take standard deduction when filing or will I be able to carry those losses forward?
Thanks for your help.
‎February 29, 2024
1:35 PM