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GOBankingRates
GOBankingRates
John Csiszar

Here’s How Stock Losses Can Boost Your Tax Refund

Denys Prykhodov / Shutterstock.com

No one invests with the intention of taking losses. On the contrary, the entire purpose of investing is to grow your money, either through capital gains or income. Even though you may have to pay taxes on those gains, they are always preferable to taking losses.

Read Next: 5 Ways You Can Reduce Your Tax Bill Like a Millionaire, According to Robert Kiyosaki

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