I really screwed up and have over $50,000 in investment losses this year! Our gross income from salaries for this year will only be around $50,000.
In addition, I lost $5000 in my Roth IRA. I just read that I can only deduct $3,000 in investment losses. Does that include [...]

A few years ago I started investing in a 529 plan when my child was born. It was steadily growing. With the recent market, the investment says it’s -25% of it’s original contribution. What would happen if the stock market keeps going down to the point that it went past 100%? Does that mean it [...]