SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : CECN
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Y-fall who wrote (999)11/10/1998 6:06:00 AM
From: Joe Bilich  Read Replies (1) of 1030
 
Not a stupid question--but an easy one.

If you have realized a gain of $1000 on one security, and realized a loss of $1000 on another security, your net gain is 0 and you owe no tax. In other words, the offsetting $1000 loss saves you:

$1000 x tax rate

next April (the amount of taxyou would pay on the gain if you did not have the offsetting loss).
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News