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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·
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?

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Quoted in WSJ, Bloomberg, and Barron’s. Published in The Journal of Wealth Management.