Internal Revenue Service, read September 2026
Setting losses against gains in United States
What Internal Revenue Service publishes about setting losses against gains in United States, quoted verbatim from IRS - Topic no. 409, Capital gains and losses, read September 2026.
- the authority quoted here
- Internal Revenue Service
- of the authorities read publish on this question
- 1/6
- the day these pages were read
- 2026-09-11
The authority's own words
If your capital losses exceed your capital gains, the amount of the excess loss that you can claim to lower your income is the lesser of $3,000 ($1,500 if married filing separately) or your total net loss shown on line 16 of Schedule D (Form 1040), Capital Gains and Losses.
That sentence is the whole of what Internal Revenue Service publishes on this point on the page cited. It is reproduced here for reporting and comment; it is not tax advice, and nothing on this page is our reading of it.
Where this comes from
Reproduced from IRS - Topic no. 409, Capital gains and losses as it stood on September 2026; the plain text of that page from that day is stored beside the record, so the sentence can be checked against its origin. Across the questions asked here, Internal Revenue Service answers 6 and publishes nothing quotable on 0.
Cite or embed this figure
Internal Revenue Service on setting losses against gains in United States: “If your capital losses exceed your capital gains, the amount of the excess loss that you can claim to lower your income is the lesser of $3,000 ($1,500 if married filing separately) or your total net loss shown on line 16 of Schedule D (Form 1040), Capital Gains and Losses.” (Capital Gains Tax HQ US Capital Gains Tax Record).
Cite as: "Capital Gains Tax HQ US Capital Gains Tax Record: Setting losses against gains, United States", updated 2026-09-11, https://capitalgainstaxhq.com/tax/united-states/losses-against-gains/.