### Comment:
Yes, $3,000 per year can be wrote off if realized as a loss. If you lost more than that in one year the extra can carry over year after year until all claimed.

### REPLY:
That seems insanely low. If you’ve got a $1M portfolio, a 3% yearly loss would be 10 times the amount you can write off.  
  
 So just to get this straight, realized losses can’t all be deducted from your AGI?

### END.