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March 13, 2023
Question

Half of someone else's stock loss?

  • March 13, 2023
  • 1 reply
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I lent a friend some money last year to invest in a stock, with hopes of splitting the profit 50/50. It went down in value drastically. Am I able to claim half of that loss on my taxes somehow? We both use Ameritrade platform. Thanks!

    1 reply

    March 13, 2023

    No, you can’t claim the loss.