MinhT
Expert Alumni

Deductions & credits

Losses from the sale of personal-use property, such as your home or car, aren't tax deductible.
This is an extract of an IRS document which can be read in its entirety at:
<a rel="nofollow" target="_blank" href="https://www.irs.gov/taxtopics/tc409.html">https://www.irs.gov/taxtopics/tc409.html</a>
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