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If you are talking about a Long Term Capital Gain dividend from a mutual fund, the answer is yes.

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16y ago

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Related Questions

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.


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 a CDN corporation apply non capital losses against dividend income?

A CDN corporation can not apply non capital losses against dividend income it can only be used to reduce capital gain. There are rules and regulations that go along with this as well. You can not use capital gain to offset normal income.


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?


What is the difference between a dividend and a capital gain?

dividends are the payments made from the profits in which a person owns stock, and capital gain is the increase in value of a capital asset.


Can you offset a collectible gain with capital losses?

Yes


Can an individual ordinary loss offset a capital gain?

Yes.


What is the difference between a dividend and a capital gain?

A dividend is a payment made by a company to its shareholders from its profits, while a capital gain is the profit made from selling an investment or asset for more than its purchase price.


What is the difference between capital gain and dividend?

Capital gain is the profit made from selling an investment or asset for more than its purchase price, while a dividend is a payment made by a company to its shareholders from its profits.


What is the dividend tax rate?

The federal tax rate for what are known as "qualifying dividends" is the same as the long term capital gains tax rate. The rate for all other dividends is the same as the ordinary income rate. Mutual funds sometimes issue a dividend known as a "capital gains dividend" or a "capital gains distribution." This is a capital gain passed through from the fund and is treated as a long term capital gain to the shareholder.


Can you carry over capital gain losses to future tax years?

Yes, you can carry over capital gain losses to future tax years to offset capital gains in those years.

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