@ThomasM125 Thanks, Thomas, and please be patient with me.
I was taxed for small earning from selling calls last 12/31 but the value of that stock dropped and I am now at a loss. Can I recover the tax?
Also, I hope not but just to confirm do you get taxed for losses in stocks?
When stocks are at a loss (value went down), do you declare that under deductions?
Does it matter if you sell stocks before the first year since it is at a loss or is it a bigger deduction if you sell it after one year?
