### Comment:
&gt; If you are American, the way I described it ***is*** how it works. You can only offset ordinary income (wages, salary, bonus, etc) by up to $3k per year.   
  
 &amp;#x200B; 
  
 &gt; Maybe.  
  
 &amp;#x200B;

### REPLY:
Buddeh; I gotta throw out disclaimers and shit in case my secret identity is ever exposed.  I can't be given financial advice to a bunch of weirdos on the internet but when I saw our boy still confused, I cited a source.  I can't be bothered to post the relevant IRS statutes, but this shit is simple and straightforward. 
  
 But...  We are talking about WSB so simple and straightforward is not really the forte.

### END.