![They’ll Take Their Pound of Flesh [1440x1038 - 95KB]](https://pic8.co/sh/n7Ax84.jpg){kind=link}
Right. But, you are free to itemize your gains and losses against each other.
(If you have zero gains to offset, and you have all losses because you put all your eggs in one basket ... well, you are just an idiot who can't be helped. Or, maybe just a Robinhood user. :p )
Right. But, you are free to itemize your gains and losses against each other.
(If you have zero gains to offset, and you have all losses because you put all your eggs in one basket ... well, you are just an idiot who can't be helped. Or, maybe just a Robinhood user. :p )
Itemize your gains and losses? You can't use capital losses as an itemized deduction. I think we have a terminology issue here. I do this for a living. In tax specific terms refer to very specific fact patterns.
Itemize your gains and losses? You can't use capital losses as an itemized deduction. I think we have a terminology issue here. I do this for a living. In tax specific terms refer to very specific fact patterns.
I cede to your knowledge on the topic. What I'm trying to say is that gains and losses will offset each other. :)
Cheers.
I cede to your knowledge on the topic. What I'm trying to say is that gains and losses will offset each other. :)
Cheers.
(post is archived)