Whats the deadline to realize capital gain losses to offset some profits

[siva604]

I invested 127 K into stocks. Gained some 64K and invested it back into stocks.  I do have around 60 K losses [ negatives on stocks] which i havent realized yet. 

Whats time timeline to sell those stocks with losses?

 

thanks,

siva

[Deadp0ol2]

Read the companies like ERs if they are doing good hold it if its getting worse then getout

[Spartan]

December 31st

[Aryaa]

38 minutes ago, siva604 said:

I invested 127 K into stocks. Gained some 64K and invested it back into stocks.  I do have around 60 K losses [ negatives on stocks] which i havent realized yet. 

Whats time timeline to sell those stocks with losses?

 

thanks,

siva

Dec 31

[tokkalogola]

40 minutes ago, siva604 said:

I invested 127 K into stocks. Gained some 64K and invested it back into stocks.  I do have around 60 K losses [ negatives on stocks] which i havent realized yet. 

Whats time timeline to sell those stocks with losses?

 

thanks,

siva

Idi kuda teliyakunda antha invest chesav ante sahasam ane cheppali..

[Vaampire]

U should understand one thing.

Over all gaa nuvvu profits lo untey, u have to pay tax for that profit.

over gaa loss lo untey, u can only claim loss for certain amount(3or4k exact ga gurthu ledhu). Migitha loss next year ki carry over.

dec 31 is the deadline

[Spartan]

4 minutes ago, Vaampire said:

U should understand one thing.

Over all gaa nuvvu profits lo untey, u have to pay tax for that profit.

over gaa loss lo untey, u can only claim loss for certain amount(3or4k exact ga gurthu ledhu). Migitha loss next year ki carry over.

dec 31 is the deadline

3k

[Aryaa]

12 minutes ago, Vaampire said:

U should understand one thing.

Over all gaa nuvvu profits lo untey, u have to pay tax for that profit.

over gaa loss lo untey, u can only claim loss for certain amount(3or4k exact ga gurthu ledhu). Migitha loss next year ki carry over.

dec 31 is the deadline

3k

[Vaampire]

38 minutes ago, Aryaa said:

3k

Repost

[FIGHTER]

1 hour ago, siva604 said:

I invested 127 K into stocks. Gained some 64K and invested it back into stocks.  I do have around 60 K losses [ negatives on stocks] which i havent realized yet. 

Whats time timeline to sell those stocks with losses?

 

thanks,

siva

What you are looking its in middle of article : Offset Capital Gains Through Tax-Loss Selling.

https://www.investopedia.com/articles/financial-advisors/010716/how-avoid-violating-wash-sale-rules-when-realizing-tax-losses.asp

I'm in same situation but my overall unrealized losses around 13K. Good luck.

 

 

 

 

 

 

 

[CH_Desi]

First thing, I hope the losses are not from wash sale, if it's a wash sale we cannot claim losses. 
Second thing, unless you realize the losses before the end of this calendar year, you cannot claim those losses while filing 2020 tax returns. 

[no01]

when you say losses, does this also include Option losses? or just stock?