Turbotax 2025 Cost For Capital Gains

Turbotax 2025 Cost For Capital Gains. Can long term losses offset short term gains? You can deduct a net loss of up to $3,000 ($1,500 if married filing.

Your total capital gains for the year minus your total capital losses result in a net gain or a net loss. Your total capital gains for the year minus your total capital losses result in a net gain or a net loss.