capital loss deduction

concept
2 mentions 1 recordings first heard Oct 2021 last heard Oct 2021 ±0 this month

Deduction limiting the amount of capital losses that can offset ordinary income

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Richard RubinWSJ Your Money Briefing · Higher Inflation Could Lead to a Higher Paycheck · 6:32 · Oct 2021
…So the capital loss deduction that we talked about is something that tends to be for higher income people.…
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Richard RubinWSJ Your Money Briefing · Higher Inflation Could Lead to a Higher Paycheck · 4:34 · Oct 2021
…One of the ones that's been around for the longest is there is a $3,000 limit on how much in capital losses, like if you sell stock for a loss, how much of that you can deduct from ordinary income.…
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