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Community: Investing Wiki

Term Of The Hour

capital loss gain: Original post by C. Taylor of Demand Media Capital losses occur when you sell stocks for less than your purchase amount. Nobody likes incurring such losses, but there is one consolation prize: a tax write-off. Capital losses may be applied to capital gains to defray any taxes incurred. If your capital losses exceed your capital gains, then you may deduct up to $3,000 from your adjusted income to…

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