I will have an investment loss of ~$2000 for 2018, after netting out investment gains. Will this loss reduce my 2018 taxable income or will it be carried to 2019?
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I will have an investment loss of ~$2000 for 2018, after netting out investment gains. Will this loss reduce my 2018 taxable income or will it be carried to 2019?
For 2018, I only earned income from my salary / bonus, no "other" sources of income.
I will have an investment loss of ~$2000 for 2018, after netting out investment gains. Will this loss reduce my 2018 taxable income or will it be carried to 2019?
You can use $3000 in capital losses each year, so the $2000 loss you have should be used against your 2018 income, not carried forward to 2019.
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