capital loss


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cap′ital loss′


n.
loss from the sale of assets, as of bonds or real estate.
[1920–25]
Random House Kernerman Webster's College Dictionary, © 2010 K Dictionaries Ltd. Copyright 2005, 1997, 1991 by Random House, Inc. All rights reserved.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.capital 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
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
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A capital loss won't count for this year if you buy back the relinquished assets within 30 days of the sale in what is known as a wash sale.
Losses accumulated throughout the year provide an opportunity to sell other investments with unrealized gains - a tax strategy known as capital loss harvesting.
Sanoma has booked a capital loss of EUR424.6m as an item affecting comparability in its operating profit for the first quarter of 2017.
capital loss adjustment, which reduces foreign capital gains via subtraction of an amount based on any U.S.
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.e.
Some provisions of the tax code, however--such as the capital loss deduction--have not received similar treatment.
If so, you'd have a $6,000 capital loss, since you bought for $14,000 and sold for $8,000.
* A nonbusiness debt of a noncorporate taxpayer that becomes worthless within the taxable year is treated as a loss from the sale or exchange of a capital asset held for not more than one year (i.e., a short-term capital loss).
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.