system
A chat on subreddit /r/wallstreetbets
human
How long does the tax write off last? If you lose a billion dollars, can you get income write offs for the rest of your life?

gpt
How to live tax free for the rest of your LIFE in 1 easy step.  
  
 THE IRS HATES HIM!  
  
 But for real loses do roll over forever and max out at $3k. So if you lose $4k you can roll $1k over for the next year so if you lose $4k in 2017 and make $1k in 2018 your capital gains will actually be $0 because -$1k(2017 rolled over) + $1k(2018 gainz)=0 
  
