PCT Ltd (PCTL)

[MjMilo]

When is last day to sell stock for tax loss?

For both Canada and the US, the last day for tax-loss selling in 2020 is December 31; however, investors should remember that the trade date must be no later than December 27, for processing time. Investors still hoping to take advantage of this strategy will have to make their trades no later than the 29th in order to settle and to be used as a tax loss for 2020.