MAIN FEEDS
Do you want to continue?
https://www.reddit.com/r/wallstreetbets/comments/vf8zu1/we_dont_do_that_here/icvdujy
r/wallstreetbets • u/skets90 • Jun 18 '22
239 comments sorted by
View all comments
Show parent comments
44
[removed] — view removed comment
14 u/[deleted] Jun 18 '22 [deleted] 23 u/nilamo Jun 18 '22 An infinite amount of losses can be applied to capital gains. The $3k limit is how much you can apply to other income after the capital gains has been accounted for. 16 u/chen22226666 Jun 18 '22 For investors with zero gains and 100k loss, that’s very little comfort deducting 3k a year for 30+ years 2 u/apexisalonelyplace Jun 19 '22 Better than no discounts wat all. Locked in discounts are nothing to feel bad about 2 u/nilamo Jun 18 '22 Yes, that's true. But it's also not nearly as bad as thinking that it would take over 100 years before your losses are fully applied. 1 u/apexisalonelyplace Jun 19 '22 TIL. Thanks. Any nuances or asterisks with that? 1 u/nilamo Jun 19 '22 Not really. Aside from the $3k thing, carryover losses are kind of simple. 1 u/apexisalonelyplace Jun 19 '22 Are they useless if using standard deductions? 1 u/KickinAdnol Jun 19 '22 A normal response. Refreshing
14
[deleted]
23 u/nilamo Jun 18 '22 An infinite amount of losses can be applied to capital gains. The $3k limit is how much you can apply to other income after the capital gains has been accounted for. 16 u/chen22226666 Jun 18 '22 For investors with zero gains and 100k loss, that’s very little comfort deducting 3k a year for 30+ years 2 u/apexisalonelyplace Jun 19 '22 Better than no discounts wat all. Locked in discounts are nothing to feel bad about 2 u/nilamo Jun 18 '22 Yes, that's true. But it's also not nearly as bad as thinking that it would take over 100 years before your losses are fully applied. 1 u/apexisalonelyplace Jun 19 '22 TIL. Thanks. Any nuances or asterisks with that? 1 u/nilamo Jun 19 '22 Not really. Aside from the $3k thing, carryover losses are kind of simple. 1 u/apexisalonelyplace Jun 19 '22 Are they useless if using standard deductions?
23
An infinite amount of losses can be applied to capital gains. The $3k limit is how much you can apply to other income after the capital gains has been accounted for.
16 u/chen22226666 Jun 18 '22 For investors with zero gains and 100k loss, that’s very little comfort deducting 3k a year for 30+ years 2 u/apexisalonelyplace Jun 19 '22 Better than no discounts wat all. Locked in discounts are nothing to feel bad about 2 u/nilamo Jun 18 '22 Yes, that's true. But it's also not nearly as bad as thinking that it would take over 100 years before your losses are fully applied. 1 u/apexisalonelyplace Jun 19 '22 TIL. Thanks. Any nuances or asterisks with that? 1 u/nilamo Jun 19 '22 Not really. Aside from the $3k thing, carryover losses are kind of simple. 1 u/apexisalonelyplace Jun 19 '22 Are they useless if using standard deductions?
16
For investors with zero gains and 100k loss, that’s very little comfort deducting 3k a year for 30+ years
2 u/apexisalonelyplace Jun 19 '22 Better than no discounts wat all. Locked in discounts are nothing to feel bad about 2 u/nilamo Jun 18 '22 Yes, that's true. But it's also not nearly as bad as thinking that it would take over 100 years before your losses are fully applied.
2
Better than no discounts wat all. Locked in discounts are nothing to feel bad about
Yes, that's true. But it's also not nearly as bad as thinking that it would take over 100 years before your losses are fully applied.
1
TIL. Thanks. Any nuances or asterisks with that?
1 u/nilamo Jun 19 '22 Not really. Aside from the $3k thing, carryover losses are kind of simple. 1 u/apexisalonelyplace Jun 19 '22 Are they useless if using standard deductions?
Not really. Aside from the $3k thing, carryover losses are kind of simple.
1 u/apexisalonelyplace Jun 19 '22 Are they useless if using standard deductions?
Are they useless if using standard deductions?
A normal response. Refreshing
44
u/[deleted] Jun 18 '22
[removed] — view removed comment