lksiet16
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Ok I misunderstood. A net capital loss decreases your taxable income directly but not taxes owed huh?
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After doing more research it seems you can.If your capital losses exceed your capital gains, the amount of the excess loss that you can claim to lower your inco...
Activity Feed for lksiet16
- Posted Re: Why did my net capital loss of $412 barely increase my estimated refund? My return isn't complex. I only reported wage income, and cryptocurrency trades so far. on Get your taxes done using TurboTax. March 15, 2020 11:06 PM
- Posted Re: Can a net Capital Loss (ie a net loss from trading cryptocurrency for one year) apply to Total Income before being carried over to the next year? on Investors & landlords. March 15, 2020 11:00 PM
- Posted Why did my net capital loss of $412 barely increase my estimated refund? My return isn't complex. I only reported wage income, and cryptocurrency trades so far. on Get your taxes done using TurboTax. March 15, 2020 10:49 PM
- Posted Can a net Capital Loss (ie a net loss from trading cryptocurrency for one year) apply to Total Income before being carried over to the next year? on Investors & landlords. March 15, 2020 8:18 PM