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tanlarry
New Member

What is the maximum investment loss that can be used to offset income in 2016?

 
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Hal_Al
Level 15

What is the maximum investment loss that can be used to offset income in 2016?

It's $3000 in 2016 and has been for the last 39 years. 

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2 Replies

What is the maximum investment loss that can be used to offset income in 2016?

Capital losses net against cap gains and if you have some loss left over you can use up to $3000 against ordinary income ... the un allowed losses are carried forward until you can use them up or die.
Hal_Al
Level 15

What is the maximum investment loss that can be used to offset income in 2016?

It's $3000 in 2016 and has been for the last 39 years. 

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