The Motley Fool Discussion Boards

Previous Page

Financial Planning / Tax Strategies


Subject:  capital loss vs capital gain Date:  10/8/2000  3:22 PM
Author:  ajmayhew Number:  40688 of 127613

I need to know if I can deduct dollar for dollar my long term capital gains against my short term capital loss. I know that long term capital gains are figured at 20% of the profit. But can I also deduct my short term capital losses at the 20% rate?
Thanks in advance
Copyright 1996-2018 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us