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Level 2
posted Mar 13, 2023 3:56:27 PM

Half of someone else's stock loss?

I lent a friend some money last year to invest in a stock, with hopes of splitting the profit 50/50. It went down in value drastically. Am I able to claim half of that loss on my taxes somehow? We both use Ameritrade platform. Thanks!

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1 Replies
Level 15
Mar 13, 2023 4:27:48 PM

No, you can’t claim the loss.