### Comment:
You can deduct 3k at a time against income. But you can write off all of it against future capital gains. So if I lose 100k in stocks this year, I can write off $3k and carry over the $97k loss.  Next year, if I have $97k capital gains, I can write off my previous losses against it and pay no tax.

### REPLY:
This true?  26 upvotes say so but I dunno.

### END.