I had a 25-year investment plan where i paid monthly premiums total amounting to $50k year to date, of that i withdrew $15k two years after commencing the premium payment which was the allowed withdrawable limit under the plan. The plan basically invested in 5 mutual funds and was managed by an investment management firm.…
I have - $3439 of realized loss in 2024. I know that the limit of capital loss per year is $3000. I want to fill it out for the year 2024 but the only option I found is "capital loss carryovers from 2023 to 2024", I don't want to carry it over. I don't understand. I want to report that I lost $3000 this year and would not…
hello! I am 23 years old and filing taxes. As I learn more, I am finding new things I had forgotten in the past. My father passed away in 2020 and I inherited his 401k plans, 401b, brokeragelinks (do not know what I am talking about here, just listing what is on fidelity.) I closed the accounts by the end of 2023 and…
I had Bitcoin and Ethereum on Celsius earning a yield when they went bankrupt. I have received 43% back in 2024, it is unclear if there will be additional repayments. Am I able to claim a loss on the remaining 57% of my crypto that I had in Celsius?
I don't see any place to enter a Long-Term Capital Loss from my 1099DIV. Links to Capital Gains/Losses do not work. Where do I enter a LT Capital Loss???
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