TAX CREDIT FOR STOCK LOSSES?

  • Thread starter Thread starter Raghu A
  • Start date Start date
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Raghu A

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Hello

If my losses from stock market is around 5000$ after i liquidated my holdings...it was a washout..;-(

anyway..i wanted to know..how much credit can i take for such losses...
will my taxable income go down by 5K..or is it less....
 
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