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February 19, 2024
Question

How much of my capital loss can I deduct for az state?

  • February 19, 2024
  • 1 reply
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is state capital loss limited to the same as federal?

1 reply

February 19, 2024

Yes, Arizona starts with federal adjusted gross income which already includes up to a $3,000 net loss for capital gains, so $3,000 is the amount of net capital losses allowed in Arizona.

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