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Traderbx

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Traderbx

Re: Julius_Kelp post# 43799

Wednesday, 11/22/2017 10:52:58 AM

Wednesday, November 22, 2017 10:52:58 AM

Post# of 108192
"you'll have a $7K capital loss for tax purposes while still holding the same amount of shares. "

But when I filed taxes before, my tax accountant told me that I could cash out $3k of tax loss at a year max...

In other words if I have $7k loss this year, it will be deducted over 3 years (-$3K, -$3k, -$1k)....

Is above accurate? Or did I misunderstand my tax accountant?
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