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Is there a limit on long term capital loss to offset interest income for tax deduction? Not asking about carryover Does 14000$ in Long term loss offset a14000$ in gains?
Is there a limit on long term capital loss to offset interest income for tax deduction? Not asking about carryover
For example, Does 14000$ in Long term loss offset a14000$ in gains(Dividend and Interest income) for tax purposes for the same tax year?
Or will 3000 be used to offset and will the remaining 11000 be carried over?
‎November 24, 2024
12:14 PM