I am filing married jointly. I have capital losses and my wife has capital gains.. Would they cancel out each other (assuming its same $$ amount)?

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Yes, if you're filing jointly, all of your investment transactions will merge together and the net resulting profit or loss will be reflected on your tax return.

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I am filing married jointly. I have capital losses and my wife has capital gains.. Would they cancel out each other (assuming its same $$ amount)?

I am filing married jointly. I have capital losses and my wife has capital gains.. Would they cancel out each other (assuming its same $$ amount)?

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I am filing married jointly. I have capital losses and my wife has capital gains.. Would they cancel out each other (assuming its same $$ amount)?

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I am filing married jointly. I have capital losses and my wife has capital gains.. Would they cancel out each other (assuming its same $$ amount)?

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