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Hello, I'm Robin. Welcome to JustAnswer. I'm reviewing your question now and typing up my reply. I'll post that in just a few moments.
If you file joint then the amounts for losses can be combined on the Schedule A to reduce the total wins. This works out well if one of you has more loss than the other. In total though, the losses cannot be more than the total wins shown.For example, together your wins are $500 but your losses are $200 and his are $600, the total losses are limited to the $500 in total wins.
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