Can i deduct stock losses against capital gains and dividends

[Bsch4477]

The loss on a stock sale an be deducted from a gain on a stock sale but not from dividends.  Up to a net loss of $3,000 can be deducted from your income with the rest of the net loss carried over from year to year until it is used up.

[TomD8]

You must first use your stock losses to offset capital gains.  Then, if you have any excess capital loss, up to $3,000 of it may be used per year to offset ordinary taxable income, which may include dividends.