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Yes, although it depends on what type of loss you have. As the deposits were covered generally, so you really couldn't ahave a loss on that. If you own stock in the Co...the loss on stock is allowed against any other "capital" gains. There is a process of matching the type of Capital loss (long vs short term) and such...and any amount not used this year is first 3K a year allowed against ordinary income, and carried forward and useable against other future capital gains (+3K a year against ordinary income), for the next 20 years.
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Can you use capital loss to offset dividend income?
ANSWER No capital loss can only be used to reduce any capital gain, and even in then there are rules. You can not use capital gain to offset against ordinary income. NB: Personal use capital loss can not be offset against any capital gain, losses on collectibles can only be offset against other collectibles capital gain and all "other" capital loss e.g. dividends, shares, real estate can be offset against "other" capital gain.
Can an individual ordinary loss offset a capital gain?
Yes.
Can you use long-term capital loss to offset short-term capital gains?
can long term gains be offset by short term losses
Can you take a capital loss on home sale to offset stock gains?
No, not if the home is your personal residence at the time of sale. A loss on a personal residence is not deductible. It cannot be used to offset any type of gains, ordinary or capital in nature.
Can you deduct the loss on your 401k on your taxes?
No, this is the offset of not having to pay taxes on 401K profits. Save
Can you use capital loss to offset dividend income?
ANSWER No capital loss can only be used to reduce any capital gain, and even in then there are rules. You can not use capital gain to offset against ordinary income. NB: Personal use capital loss can not be offset against any capital gain, losses on collectibles can only be offset against other collectibles capital gain and all "other" capital loss e.g. dividends, shares, real estate can be offset against "other" capital gain.
Can an individual ordinary loss offset a capital gain?
Yes.
What is the antonym of attainment?
failure loss
Does weight loss occur through elimination?
A little...but it's offset by eating.
Can you use long-term capital loss to offset short-term capital gains?
can long term gains be offset by short term losses
Can you take a capital loss on home sale to offset stock gains?
No, not if the home is your personal residence at the time of sale. A loss on a personal residence is not deductible. It cannot be used to offset any type of gains, ordinary or capital in nature.
Can you deduct the loss on your 401k on your taxes?
No, this is the offset of not having to pay taxes on 401K profits. Save
Can you offset Capital Gain Dividend with capital loss?
A capital gain and a dividend are two different things completely. You can offset a Capital Gain with Capital Losses, but you cannot offset dividends with capital losses. They are different items and are reported on different forms.
What if bank does not utilize Stop Loss?
Bank should be responsible
Can a C corporation use its ordinary loss to offset capital gain?
A c corps capital gain is taxed as ordinary income so why couldn't you use an NOL to offset the gain?
Can a C-corporation use its ordinary loss to offset capital gain?
A c corps capital gain is taxed as ordinary income so why couldn't you use an NOL to offset the gain?
Do short-term losses from a stock sale offset short-term capital gains for tax purposes?
Short offset shorts first, then they offset longs. Your better to have them offset short, as short is taxed at ordinary rate and long at special lower rate. A stock sale is a capital gain/loss transaction.
