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Results tagged with capital-loss
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user 96914
A capital loss is the loss incurred when a capital asset decreases in value. This loss is not realized until the asset is sold for a price that is lower than the original purchase price.
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Do long term capital losses offset short term capital gains?
Assuming I had only two transactions this year:
1) Sale, long term, A-company stock resulting in a $10,000 loss
2) Sale, short term, B-company stock resulting in a $10,000 gain
Does this mean, m …
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