My turbo tax has me taking the standard deduction. I have a K-1 showing a capital loss. Can I claim a capital loss with the standard deduction or do I have to itemize.

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Yes, you can claim the standard deduction and a capital loss at the same time. You do not have to itemize to claim a capital loss. Please see the following for more info on capital losses. https://turbotax.intuit.com/tax-tools/tax-tips/Investments-and-Taxes/Capital-Gains-and-Losses/INF120...

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