Birdwatch Note Rating
2023-05-22 11:46:01 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 410DDA3C1D682D328D07C3C435EBAAAB51BC5C4E4AB8922AB79306C602901BE6
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.
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