plebiANON on Nostr: The IRS caps your capital losses at $3k. That is absolutely nothing for any real ...
The IRS caps your capital losses at $3k. That is absolutely nothing for any real investment portfolio in a down year. They don’t even let you take your actual losses when you have them, but they will get every nickel out of the inflation boosted gains when you have them. The system is so broken and absurd.
Published at
2024-03-08 13:07:57Event JSON
{
"id": "309e17739ae83ec1865bf5191989db0c228f39c4d7f067a4c237928ce0503f67",
"pubkey": "880f967145ab66b53d9dc279d44a9722ba875d232c73f3df4707d1e79c4336ce",
"created_at": 1709903277,
"kind": 1,
"tags": [],
"content": "The IRS caps your capital losses at $3k. That is absolutely nothing for any real investment portfolio in a down year. They don’t even let you take your actual losses when you have them, but they will get every nickel out of the inflation boosted gains when you have them. The system is so broken and absurd.",
"sig": "dd8c5ca722b1bffe701e18a72d7300875d961e28d9514c69562596c1e4f3cd0c8f8a6fe3f3634db5b4bacf7edc301cd103cca9374080064daa9872889dda5570"
}
