$3000 capital loss limit hasn’t been updated since 1978

by

by Surfing_T_Waves

This seems way overdue for an adjustment.. I looked up the conversion and $3000 from 1978 is worth about $14,000 today.

Just something I noticed for the first time and wanted to share. 45 years without any changes.

Anyone know of any ways we can push for this limit to be raised?

I think there should be an amendment that any law mentioning a dollar figure must adjust it for inflation. There’s absurdities up and down our system from ancient dollar figures.

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