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Hao Dang, an investment strategist withConcilio Wealth Advisors, explained how it works.

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Its an important thing selfishly for taxes, butfor society, its also a really great consideration.

How Do You Write Off Stock?

So just how does the write off work?

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And then the value of your write off is now $1,000 in terms of what the IRS sees.

So now you’ve got the option to write off or lower your liability by $1,000.

Talking with an accountant before you make this move is a wise plan.

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