Can stock losses be written off your taxes?

Answer You can write off up to $3,000 from stock losses against other income in a single year. If you have more than a $3,000 loss, you can carry the leftover portion to the next year. In fact, substantia... Read More »

Top Q&A For: Can stock losses be written off your taxes

Stock Losses & How They Affect Taxes?

According to the U.S. Internal Revenue Service (IRS) virtually anything that an individual taxpayer owns and uses for investment purposes, including stock in public or private companies, is conside... Read More »

How Do Stock Losses Go Against Gains for Taxes?

Losing money on stock investments is not a good thing in any respect, except one: The only positive about a stock loss is that U.S. income tax rules allow you to use investment losses to offset inv... Read More »

Are stock losses tax deductible?

According to the Internal Revenue Service, stock losses can offset income of up to $3000 in non-capital income, and are therefore deductible. However, the stock losses must be documented and verifi... Read More »

How to Show 401(k) Losses on My Taxes?

A 401(k) loss is considered a miscellaneous deduction by the IRS. To claim miscellaneous deductions, you must use a Schedule A. Not all 401(k) losses are able to be claimed; only special circumsta... Read More »