Increases capital loss limits and adjusts them for inflation.
The Capital Loss Inflation Fairness Act amends the Internal Revenue Code to raise the cap on capital losses for non-corporate taxpayers. It sets the limit at $14,250 for most and $7,125 for married individuals filing separately. The bill also adjusts these limits annually for inflation starting from 2027. This change applies to losses incurred in tax years beginning after December 31, 2025.
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