Solved
Can $23k of interest income (CD and/or SPAXX interest) be offset with a $23K loss in a stock to balance zero
No text available
Only up to $3000 per year. The rest is carried forward. Capital losses only fully offset capital gains, not interest or other types of income. If you have no capital gains to offset, you can deduct $3000 of your losses and carry the rest of the loss forward.
Enter your E-mail address. We'll send you an e-mail with instructions to reset your password.
©1997-2022 Intuit, Inc. All rights reserved.
Intuit,
QuickBooks, QB, TurboTax, ProConnect, and Mint are registered
trademarks
of Intuit Inc. Terms and conditions, features, support, pricing,
and service options
subject to change without notice.
Security
Certification of the TurboTax Online application has been
performed by
C-Level Security.
By accessing and using this page you
agree to the
Terms of Use.
Accessibility
