If you are talking about a Long Term Capital Gain dividend from a mutual fund, the answer is yes.
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.
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.
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.
A c corps capital gain is taxed as ordinary income so why couldn't you use an NOL to offset the gain?
Yes.
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.
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.
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.
Yes
A c corps capital gain is taxed as ordinary income so why couldn't you use an NOL to offset the gain?
A c corps capital gain is taxed as ordinary income so why couldn't you use an NOL to offset the 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.
Yes.
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.
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.
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.
Yes, you can carry over capital gain losses to future tax years to offset capital gains in those years.