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Level 1
January 26, 2022
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  • January 26, 2022
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    AmyC
    Level 15
    January 26, 2022

    Yes, $3,000 per year until used. However, when you have capital gains, the losses will also help offset them. So, if you have $10,000 in capital gains next year, you will use $10,000 of the losses to offset that and then take the $3,000 allowed loss on your return. Therefore, you would have used $13,000 of the losses in that one year.

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