No one likes to brag about losing money. But if you lost money on an investment, you’ll probably want to tell the IRS all about it. That’s because capital losses can save you money at tax time. Wondering what counts as a capital loss and whether you can deduct losses from your taxes? We’ll cover the basics of capital losses and how you can use them to save money on taxes. What are capital losses, and how do they work? A capital loss is when you sell an investment for less than you paid. With assets like ...