As a fulltime day trader, what form is used to deduct losses from other sources of income?
Just as with capital gains, capital losses are reported using schedule 3, and allowable losses may be used to offset gains within the current year, up to three years prior, or carried forward to future years, depending on the situation.
For full information view link below:
https://turbotax.intuit.ca/tips/claiming-capital-gains-and-losses-6247
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