Hello everyone,
I’m reaching out to see if anyone can shed light on the treatment of investment losses . Last year, I faced some significant losses in my investment portfolio, and I’m wondering if I can deduct these losses from my taxes.
Are there specific guidelines on how investment losses can be claimed?
Is there a limit to the amount that can be deducted?
What kind of documentation will I need to submit to support my claim?
Any advice or insights would be greatly appreciated.
Thank you!