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re: Tax lost harvesting in Individual account

Posted on 12/21/22 at 5:38 am to
Posted by FLObserver
Jacksonville
Member since Nov 2005
14524 posts
Posted on 12/21/22 at 5:38 am to
quote:

Side note: you can only take a $3,000 loss each year on your taxes, but the rest is carried over to future years until you use it all.


Bet a lot of folks will be using this one. First year i will have to explain this one to my wife 2022 was a rough year unless you had a bunch of Health care / O&G stocks or Etfs. I was way to invested in growth /midcap to be honest and paid the price.
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