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What else can I help you with?
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.
Realized gain or loss is measured by the difference between the amount realized from the sale or other disposition of property and the property's adjusted basis at the date of disposition?
Realized gain or loss is measured by the difference between the amount realized from the sale or other disposition of property and the property's adjusted basis at the date of dispositionAnswer: TrueRealized gain or loss is the difference between the amount realized and the property's adjusted basis.
Can i offset Capital Gain Dividend with capital loss?
If you are talking about a Long Term Capital Gain dividend from a mutual fund, the answer is yes.
Difference between debit and credit in accounting?
A debit is money paid out or a loss, a credit in income or a gain.
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.
The difference between the amount of money received from selling an investment and the amount of money spent to purchase the investment its known as?
The difference between the amount of money received from selling an investment and the amount of money spent to purchase the investment is known as the capital gain or loss. When the capital gain or loss is then compared to the initial investment (through division), the result is the capital gains yield or return on investment (assuming there are no cash flows such as coupon payments or dividends).
What term describes the difference between the purchase price and the sale price of a stock?
The term that describes the difference between the purchase price and the sale price of a stock is "capital gain" if the sale price is higher than the purchase price, or "capital loss" if the sale price is lower. This difference reflects the profit or loss realized from the investment in the stock. Capital gains are typically subject to taxation, while capital losses can sometimes be used to offset gains for tax purposes.
What is difference between abnormal loss and abnormal gain?
if the actual loss is greater than normal loss. it is known as abnormal loss but if the actual loss is less than normal loss a gain is obtained which is called abnormal gain or effectiveness
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.
Realized gain or loss is measured by the difference between the amount realized from the sale or other disposition of property and the property's adjusted basis at the date of disposition?
Realized gain or loss is measured by the difference between the amount realized from the sale or other disposition of property and the property's adjusted basis at the date of dispositionAnswer: TrueRealized gain or loss is the difference between the amount realized and the property's adjusted basis.
Is selling your motorcycle considered taxable income?
If you sold it for more than you paid for it, the difference is a capital gain and taxable. (If you are in the business of selling motorcycles, it is an ordinary gain.) If the motorcycle was for personal use, you cannot claim a capital loss.
Can i offset Capital Gain Dividend with capital loss?
If you are talking about a Long Term Capital Gain dividend from a mutual fund, the answer is yes.
Difference between debit and credit in accounting?
A debit is money paid out or a loss, a credit in income or a gain.
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.
Is Proceed of sale An asset or liability?
no, it can be capital gain or loss
Can an individual ordinary loss offset a capital gain?
Yes.
If your home was repossessed by the bank can the difference between the original price paid and the balance of the mortgage be declared as a capital loss with IRS taxes?
Don't believe so, it's a personal residence. Go to IRS.gov and look at Publication 544, it spells it out. No. This situation can only create a capital loss with business property. If it was your personal residence, you'll just have to be content with the fact that you don't have a capital gain. :)
