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Subject:  Re: Stock Market Losses - $3000/yr Date:  5/20/2013  10:52 PM
Author:  TMFPMarti Number:  118621 of 124773

Is there anything else better than simply deducting a mere $3000 a year?

Not unless you're a "trader" (term of art) who has made a mark to market election. I think this is what Peter was alluding to in his response. You can read about it in Publication 550.

Like Peter said, probably not a good idea, and definitely not to be done without first consulting with your own tax advisor.

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