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Capital loss and capital gains
I have a short term capital loss of approximately $8000 for 2016.. I just sold a position and had a short term capital gain of approx $4000. Will the loss be applied to the gain?.. I have read somewhere that the maximum loss that can be applied in any one year is $3000 and this seems insane. I know that anything not claimed this year will be carried over to subsequent years
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May 31, 2019
6:22 PM