Capital losses

December 7th, 2009

The markets did bounce back from the brutal beating they took, but you may still have some losers in your portfolio.  If so, consider selling them now before the end of the year, and using those losses to offset other capital gains you may have.  Capital losses can also be carried back up to three years, or carried forward indefinitely.

Filed under: Personal Tax by David Boese No Comments »

Leave a Reply

Your email address will not be published. Required fields are marked *