In fact, the loss is already counted in the process, I think.

来源: laota 于 2012-03-22 13:37:33 [] [旧帖] [给我悄悄话] 本文已被阅读： 次 (228 bytes)
回答: (1) depending on age and income. (2) correct 由 laota 于 2012-03-22 13:21:06

Say he put 10K in IRA and got 10K deduction in previous years, and now he takes 7K out because of cap loss, and only needs to report 7K income.  There is 3K loss and 3K less income to report.  That is deduction.

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