How exactly do stock loss deductions work, if being claimed by someone else?

Hello, I am a 21 year old who is in college and is claimed as a dependent on by my parents. When I first got into stocks I did some rather risky trades and ending up losing like $1800. I read something about being able to deduct up to $3000. I was just wondering how that works exactly and looking for some clarification.

Posted Apr 9, 2025, 8:20 PM UTC

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