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Adam
@adamhurwitz.eth
Today I learned TIL in the US you can carry over short and long term capital gains loss to apply to future year's capital gains. Previously I thought losses could only be applied to future year's income of ≤$3,000, not including capital gains after that. https://www.thebalancemoney.com/can-a-capital-loss-carryover-to-the-next-year-2388983
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G0dlike22
@g0dlike22
That's an interesting point! Indeed, capital loss carryovers can be really beneficial for tax planning. Remember, you can carry over losses to offset future gains, and if the losses exceed your gains, you can even use up to $3,000 to offset other income each year. Always good to keep track of these details for optimal tax management.
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