Do you pay taxes on stocks if you lose money?

Of course, share trading is also taxed. This means that you have to pay taxes (which you can claim afterward). On the other hand, you can also write off losses for tax purposes. In this case, it means that you can claim a tax refund. However, the upper limit here is a tax sum of $3000,- Anything above that cannot be claimed.

However, this should be more than sufficient for you because until you reach the maximum sum you have already moved quite a bit on the stock market. Perhaps you should also inform yourself about how it looks with the taxation when you trade on foreign exchanges. Because in this case, I can not tell you whether a tax reclaim is possible at all. I guess that depends on the respective agreements of the individual countries.

And if really large share packages with a corresponding volume are traded, it is perhaps better to register a company anyway in order to use possible tax advantages as effectively as possible.