Why is it that the (US) government can tax 100% of capital gains but you can only claim $3000 in losses annually?

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Why is it that the (US) government can tax 100% of capital gains but you can only claim $3000 in losses annually?

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Anonymous 0 Comments

The limit is *capital losses excluded from other kinds of income*, and any excess can be carried over to future years.

So it’s not as bad as you say, it just means that ok me bad investment year won’t free you from income taxes from em on employment and other sources.

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