|A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z|
Net long-term capital losses and net short-term capital losses may be used to offset up to $3,000 of your ordinary income. To reach the net amounts to determine deductibility, you need to total all capital gains and losses. Amounts over $3,000 can be carried forward to future years until all of the net capital losses are used. See the FAQ on netting capital gains and losses.
|Return to list||Register Now|