Birdwatch Note Rating
2023-05-22 14:01:44 UTC - SOMEWHAT_HELPFUL
Rated by Participant: A16E02148DCF467F77AD7913C59849805EF2B52ABE85EC6508415A2785965788
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