Birdwatch Note Rating
2023-05-22 12:11:54 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 15EDD6049658FD9BBF4A0E15CAA26B3C0ABDD9C9C2F228F3C027F1EDDE0D0787
Participant Details
Original Note:
The maximum losses that an American can write off on taxes is $3000 per year, not $5000 as the author states. https://www.investopedia.com/articles/investing/111315/deducting-stock-losses-guide.asp#:~:text=diversified%20your%20portfolio.-,Tax%20Loss%20Carryovers,and%20interest%20for%20the%20year.
All Note Details