stock losses

ashunt677 — Wed, 11 Feb 2026 04:08:29 GMT

I have a long term stock purchased for $3000. It has lost 2/3 of it's value. When I sell this year, how much would I be able to deduct the following year?

Re: stock losses

MayaD — Wed, 07 Feb 2024 23:31:22 GMT

Your net capital gain/loss is calculated by subtracting your capital losses from your capital gains (Schedule D). If you have a net capital loss, you can deduct up to $3,000 ($1,500 if Married Filing Separately) per year as a capital loss. If your net capital loss is more than the yearly limit, you can carry the loss to next year's return as a capital loss carryover.

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stock losses

Re: stock losses