chengliu2019
Returning Member

long-term capital loss

I opened a mutual fund with $5,000 many years ago.  By the end of 2018 its value dropped to about $3290. When I sold it in Aug 2019 it valued around $4,335. So it seems like I had some capital gain in the year of 2019. However, I actually lost money since the initial investment of this mutual fund.  How can I claim any of the loss as a long term capital loss? Thank you