Government hates this simple tax trick

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image showing Government hates this simple tax trick

Roquxx on May 17th, 2021 at 01:04 UTC »

What a tease! Tell me what the trick is

Joeyshortsqueeze on May 17th, 2021 at 01:13 UTC »

You should trade futures. They allow you to carry your losses back in time and file amendments in years where you didn’t crap the bed as badly

AdvancedGrifting102 on May 17th, 2021 at 01:48 UTC »

I incurred a wash sale last year and was unable to claim about 34k in losses against my gains. I ended up having to pay 19k in taxes and have since lost all those gains from last year. I’m an idiot.