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Yes, you can deduct both if the total loss is $3000 or less.
Capital losses are limited on Schedule D of your Form 1040. You can deduct $3000 per year on your return (if you are married filing separately you are limited to $1500). If you have a combined capital loss that is greater than $3000, the excess loss will be carried over to 2018.
You will find your net Capital Gain/Loss on Line 13 of your Form 1040. You can take a look at your Form 1040 by following the instructions below:
For further information please click here
Yes, you can deduct both if the total loss is $3000 or less.
Capital losses are limited on Schedule D of your Form 1040. You can deduct $3000 per year on your return (if you are married filing separately you are limited to $1500). If you have a combined capital loss that is greater than $3000, the excess loss will be carried over to 2018.
You will find your net Capital Gain/Loss on Line 13 of your Form 1040. You can take a look at your Form 1040 by following the instructions below:
For further information please click here
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