Married Filing Jointly for Capital Loss

[zack2021]

I married at the beginning of this year. My wife and I are trading in different brokerage accounts. She has realized capital gain of around $8000. And I lost around $6000. If we file jointly next year, can she use my $6000 capital loss as a deduction to her $8000 capital gain? So totally we end up capital gain of $2000. Thanks!

[VolvoGirl · Accepted solution]

Yes.  It's all netted together on a joint return.

[rjs]

TurboTax will automatically offset your loss against your wife's gain. You don't have to do anything except enter your investment sales.