If I have a loss on my non-retirement mutual fund because the value went down and not because I sold it, can I claim this loss and if so, where do I claim it?
If I have a loss on my non-retirement mutual fund because the value went down and not because I sold it, can I claim this loss and if so, where do I claim it?
You cannot claim it as a loss until the year you sell some shares.
____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*
If I have a loss on my non-retirement mutual fund because the value went down and not because I sold it, can I claim this loss and if so, where do I claim it?
You cannot claim it as a loss until the year you sell some shares.
____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*
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