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this post was submitted on 19 Sep 2024
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Microblog Memes
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Eh so... If you lose money you also can carry the tax rebate over to the next year in the US...
Yes. But, not humans. Only corporations.
The asymmetric trading rules in the US are far worse than this. And, rules enforcement for corporations is a joke.
Yes, humans as well.
https://www.investopedia.com/articles/personal-finance/100515/heres-how-deduct-your-stock-losses-your-tax-bill.asp
Same as companies, just a different maximum amount per year and what's left can be applied to the next year and the next and the next...