system
A chat on subreddit /r/wallstreetbets
human
3K OF LOSSES CAN ONLY BE APPLIED TO !!!! ORDINARY !!!! INCOME PER YEAR. YOU CAN WIN $1,000,000,000 AND LOSE $999,999,999 AND ONLY OWE TAXES ON $1

99% of people have no fucking idea what they are talking about with that 3k loss a year max. Yikes.

If you make 5,000,000 AGI you can deduct 3k/year in that. Congrats you still owe taxes on 4,997,000 you rich fuck
gpt
My apologies for not understanding. 

I did not realize one could make 800k in the market one year and lose 880k the following year and only owe a dollar. 

I do not doubt there is some way to file this properly, at least I hope there is. [then again, do I... more loop-holes..jjk depends on structure of bill I guess].

Maybe DM the OP and/or share with all of us the solution.