Are stock losses taxed?

Hi, quick question.

Recently, I sold off some stocks at a loss. I noticed, however, that I was taxed by a hefty amount on top of that. I thought only capital GAINS were taxed? Is this not true? Or is this something I get back if I file some tax forms?

Submitted February 22, 2016 at 03:49PM by stockmarket123 http://ift.tt/1L6Oj5b