Unless you are a Trader in Securities who has make the Mark-to-Market election (most taxpayers have not made such election), then your $6,000 loss may be used to offset any capital gains. After offsetting capital gains, the remainder of the loss can be used to offset $3,000 of ordinary income. If you file Married Filing Separately, your offset against ordinary income is limited to $1,500.
Any remaining un-used loss rolls over to the next tax year.
To claim your loss, in TurboTax online, enter your information in Investment and Savings, which is under Wages & Income. If you are using TurboTax desktop/download, the process is similar except you will begin the process of entering your information in the section Investment Income which is under Personal Income.
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