Origin: Taxpayers may deduct up to $2,000 of net capital loss against interest and dividend income.
Origin: M.G.L. c. 62, § 2(c)(2)
Tax Type
Tax Expenditure
Item Number
Item Name
Description
Origin
FY2023
FY2024
FY2025
FY2026
FY2027
Personal Income Tax
Deductions from Gross Income
1.202
Deduction of Capital Losses Against Interest and Dividend Income
Taxpayers may deduct up to $2,000 of net capital loss against interest and dividend income.
<a href="https://malegislature.gov/Laws/GeneralLaws/PartI/TitleIX/Chapter62/Section2" target="_blank">M.G.L. c. 62, § 2(c)(2)</a>
24.9
24.1
17.5
17.7
18.6
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