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D
dslsb
Level 2
March 11, 2026
Question

Capital losses

  • March 11, 2026
  • 1 reply
  • 21 views

Are there limits to the capital losses that can be claimed each year? If they are not used in a tax year, how many years can they be carried over?

1 reply

M
MinhT1
Level 15
March 11, 2026

The amount of capital loss that can be used each year to offset your ordinary income is the lesser of $3,000 ($1,500 if MFS) or your total net loss reported on line 16 of Schedule D.

 

The excess loss can be carried forward indefinitely.

 

Please read this IRS document.

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