The Motley Fool Discussion Boards
Financial Planning / Tax Strategies
|Subject: Re: short term loss vs long term loss||Date: 2/26/2001 7:35 PM|
|Author: pmarti||Number: 47255 of 121572|
I know there is a tax difference between short term gains and long term gains. Is there a difference between losses ( 20% tax vs 40%) any help would be most appreciative.
Short answer: short-term losses are always at least as valuable in tax reduction as long-term losses. Sometimes short-term losses are more valuable.
Long answer: see the article on netting gains and losses in the FAQ.
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