Tax-Loss Harvesting

OBBB (allegedly) increases $3,000 capital loss deduction; makes EBL limit permanent

ChatGPT "read" the OBBB and hallucinated. EBL limit is here to stay.

Brent Sullivan· July 8, 2025 · 2 min read

Cartoon of ChatGPT hallucinating an OBBB change to the $3,000 capital loss limit that never happened — Is the fire ChatGPT? Is it the One Big Beautiful Bill Act? Is it the Internal Revenue Code?