If your losses exceed gains, you can use the excess to reduce your ordinary income up to $3,000 per year Read entire story.
Source: Forbes – Mutual Funds
How To Use Market Losses To Trim Your Taxes
Related Posts
1% Deposit Boost, 3% Cash Back Credit Card, 3% IRA Transfer Match Ending Soon — My Money Blog
Updated. Robinhood recently held a Steve Jobs-esque product announcement about new upcoming features for their Robinhood Gold paid membership tier ($5 a month or $50 per year upfront). Here are the highlights of the new features: 1% match on all deposits. Called “Unlimited Deposit Boost”, Gold members will get a 1% match on all incoming […]
Bill Gates Says These Are The 3 Most Important Business Lessons He’s Learned From Warren Buffett
Few people in the US are more successful than Bill Gates. But that doesn’t mean the 58-year-old billionaire knows everything. There are still important business lessons to be learned by America’s richest man — and who better to learn them from than Gates’ friend and fellow billionaire Warren Buffett? …
Ukraine launches far-ranging drone attacks on the final day of Russia’s presidential vote
Ukraine launched a new massive wave of drone attacks Sunday as Russians cast ballots on the final day of a presidential vote set to extend President Vladimir Putin‘s rule for another six years. The Russian Defense Ministry reported downing 35 Ukrainian drones overnight, including four in the Moscow region. Moscow Mayor Sergei Sobyanin said a […]