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To: Nathan who wrote (45488)12/8/2000 12:33:27 PM
From: patron_anejo_por_favor  Respond to of 436258
 
<<does dividend income offset investment losses>>

No, it's not reported as a capital gain so it does not offset...



To: Nathan who wrote (45488)12/8/2000 12:33:32 PM
From: Roads End  Read Replies (1) | Respond to of 436258
 
No, dividends are old economy anyway. -g-



To: Nathan who wrote (45488)12/8/2000 12:51:38 PM
From: IceShark  Read Replies (3) | Respond to of 436258
 
I see you got some answers, but they are not totally correct. But I don't think you are talking about anything as complicated as getting into taxation rules which would consider investment income such as dividends and interest.

If you are just wondering about capital gains and losses from stock, options, gold, etc., the stuff we talk about here, then no, you can't offset such losses against your dividend income. But one thing to keep in mind is taking a deduction for any investment expenses, investment publications, trading tools and such. For example you could write off any margin interest expense you incurred and in calculating how much of that interest expense you can deduct the dividends received will come into play.



To: Nathan who wrote (45488)12/8/2000 12:53:09 PM
From: rolatzi  Respond to of 436258
 
You can't write off losses against dividends, only against gains.

In addition there is good reason to think that there will be much selling this month. People who clocked gains in the
first half of the year will want to offset those gains with current losers as far as possible. This would be in addition to people who are receiving capital gains from their mutual funds.

rolatzi



To: Nathan who wrote (45488)12/8/2000 3:07:24 PM
From: Box-By-The-Riviera™  Read Replies (2) | Respond to of 436258
 
cap losses over and above cap gains offset ONLY ordinary income to a limit of 3k....

if you have more losses than 3k....they carry over into future years.....first to be absorbed by future cap gains.....and if there are none....then once again with a limit of 3k against ordinary income....

if you never have a cap gain again....you have a limit of 15 years to absorb the loss at 3k per year......

J