print email comment close IRS Reminds Taxpayers They Can Use Stock Losses to Reduce Taxes URL: http://www.irs.gov/newsroom/article/0,,id=103509,00.html Description: This press release from the Internal Revenue Service (IRS) reminds taxpayers that "they may be able to use their losses in the stock market to reduce their tax burden." Generally, realized capital losses are first offset against realized capital gains. ... Losses in excess of [the annual] limit can be carried forward to later years." Includes links to related IRS publications. Publisher: Internal Revenue Service (IRS) LII Database Information: Record 27512 created by Maria Brandt on 12/15/2008 Last modification on 02/02/2009 Published: 02/19/2009   LII Item ID: http://lii.org/cs/lii/view/item/27512