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    Loss limit Single

    IRS say loss limit is $3000. and $1500 if filing MFS.
    Is single $1500 also. First time I have run into this. (10yrs)

    #2
    Single is also $3,000.

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      #3
      Answer

      Allowable MFS amount is half of the allowable MFJ amount.

      There is no such reduction for S or HOH.

      Caveat: Be careful in MFS scenarios as to which spouse actually owns the assets sold!

      FE

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