### Comment:
You can shave 3k off your earnings. Now if you have no income, then I guess it doesn’t help you, but then you just need to re-evaluate life lol

### REPLY:
You can also carry it over to future years. So if you lose 10k this year and make 10k next year, you can carry over the loses and cancel out the gains so you don't pay taxes on them.

### END.