topic Can you deduct a market fluctuation loss on your taxes? in Deductions & credits

Can you deduct a market fluctuation loss on your taxes?

slawless77 — Mon, 23 Feb 2026 12:42:33 GMT

on our december 2022 statement there is a 26,000 loss for maket fluctuation. Can that be claime on our taxes?

Re: Can you deduct a market fluctuation loss on your taxes?

Bsch4477 — Sun, 12 Feb 2023 19:59:51 GMT

You can only deduct a loss if you actually incurred it, not if the value of your investment portfolio went down.

Re: Can you deduct a market fluctuation loss on your taxes?

JohnB5677 — Sun, 12 Feb 2023 20:08:49 GMT

No, I don't think so. Please clarify the situation.

I apologize if I misinterpret your question, but market fluctuation is what the stock market is.
Where was this posted on your "statement".
Was this a monthly statement or was it your tax statement (1099-B).

The only time that fluctuation might have come into play was if your were a "Mark to Market" inventor, and they report gains and losses each year for everything in their portfolio regardless if the sold a stock or not. these are generally high volume traders.

Re: Can you deduct a market fluctuation loss on your taxes?

Mike9241 — Mon, 13 Feb 2023 05:41:53 GMT

the only individuals who can take a market fluctuation loss are security traders who make a valid mark-to-market election. the election must be made timely (by the 4/15 due date - no extension allowed) in the return for the year preceding the year the election is to become effective.