capital loss

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cap′ital loss′

loss from the sale of assets, as of bonds or real estate.
ThesaurusAntonymsRelated WordsSynonymsLegend: loss - the amount by which the purchase price of an asset exceeds the selling price; the loss is realized when the asset is sold
financial loss - loss of money or decrease in financial value
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Losses accumulated throughout the year provide an opportunity to sell other investments with unrealized gains - a tax strategy known as capital loss harvesting.
That would convert his $30,000 net capital gain for 2017 to a $5,000 net capital loss, avoiding any tax owed on Nick's trades this year.
Even though the Fund may realize current year capital gains, such gains may be offset, in whole or in part, by the Fund's capital loss carryovers from prior years.
capital loss adjustment, which reduces foreign capital gains via subtraction of an amount based on any U.
Capital losses are generally usable only to offset capital gains (with an additional deduction for individuals of net capital loss against ordinary income, usually limited to $3,000 per year).
So, if you experience a capital loss in 2014, you can only use it to offset capital gains in 2014 or carry it back three years or forward indefinitely against capital gains (i.
Some provisions of the tax code, however--such as the capital loss deduction--have not received similar treatment.
If you have any capital loss carry-forwards, review your portfolio for capital-gain opportunities to make use of such carry-forwards.
If so, you'd have a $6,000 capital loss, since you bought for $14,000 and sold for $8,000.
5) The excess capital loss may generally be carried back three years and carried forward five years.
Thus, in 2001, the taxpayer had a $9,225 capital loss for regular tax purposes and a $1,075,289 capital loss for the AMT.
For instance, if the debtor sold stock that generated a $100,000 gain in March 2005, and files a Chapter 7 petition in June 2005, and if the debtor had a $120,000 capital loss carryover from 2004, the election would allow the debtor to avoid incurring a post-petition 2005 year tax liability since the short-year election will cause the carryover to be applied against the gain.