Home2009March17Twitter Tax Tips #15 Twitter Tax Tips #15 Kelly Phillips ErbMarch 17, 2009May 14, 2020 Losses aren’t taxable losses until realized (even if they suck). If no sale or other taxable event, no taxable loss. #TwitterTaxTip (For more on twitter tax tips, see my prior explanatory post.) Kelly Phillips Erb Kelly Phillips Erb, known as Taxgirl, is a tax attorney, writer, and speaker who explains tax news, IRS updates, scams, financial crime, and money in plain English. See Full Bio