Should I be itemizing if I have a large short term investment loss?

[CherylW · Accepted solution]

Not necessarily.

Your short term investment loss will be applied in future years against any long-or short-term gain you may have in the future, and will be carried over at the rate of $3,000 a year.

Your losses from investments don't have anything to do with itemizing your deductions.

If I've misunderstood your question, please post back to this thread.