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Investors & landlords
You used your all of your capital loss carryover.
You can deduct up to $3,000 in capital losses ($1,500 if you're Married Filing Separately). Losses beyond that amount can be deducted on future returns as a capital loss carryover until the loss is used up. Example
5 Things to Know about the Capital Gains Tax
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‎February 15, 2025
5:00 PM