You'll need to sign in or create an account to connect with an expert.
On the Sch D ALL gains are netted against ALL losses no matter the holding period.
technically short-term gains and losses are netted as are long-term gains and losses. then if one category has a loss while the other has a gain then they are netted. if both have losses net short-term losses are used first.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
kenmadej
New Member
olwi00
Level 2
davidcjonesvt
Level 3
CW62
Level 1
Jersian
New Member