Stock discussions

[Hindhustani]

2 minutes ago, Rao_Garu said:

following year inkaa losses unte last year and current year kalipi 6k loss aithe. you can show only 3k as loss in the following year.

If your using any trading account, they will share year end document on overall loss/profits.. I’m I missing anything here .. we don’t have to manually calculate?

[Vaampire]

5 minutes ago, Rao_Garu said:

ade overall net profit/loss on all stocks in your account. I just took one stock as example above.

and yes he can still show 3k following year and 1k aa following year.

Nee example lo 5k tax enduku kattali.

He made 8k profit on one stock and 15k loss on another. So overall he made 7k loss.. so he can 3k 3k 1k in losses. He doesn't have to pay taxes for profits

[Vaampire]

Just now, Hindhustani said:

If your using any trading account, they will year document on overall loss/profits.. I’m I missing anything here .. we don’t have to manually calculate?

Yaa. Trading platforms will do it for u in tax statement.

Even now u can see realized gain loss and unrealized ones too

[Rao_Garu]

4 minutes ago, Vaampire said:

Nee example lo 5k tax enduku kattali.

He made 8k profit on one stock and 15k loss on another. So overall he made 7k loss.. so he can 3k 3k 1k in losses. He doesn't have to pay taxes for profits

since you completed the 1st trade on first one and already took profit.

2nd trade lo now your investment became 18k (they will not consider this includes profit from 1st trade) and your loss is around 15k. max limit show loss on your loss is 3k.

 

 

[Vaampire]

21 minutes ago, Rao_Garu said:

since you completed the 1st trade on first one and already took profit.

2nd trade lo now your investment became 18k (they will not consider this includes profit from 1st trade) and your loss is around 15k. max limit show loss on your loss is 3k.

 

 

So in ur example, did the person sell the second stock or holding for loss?

[Rao_Garu]

1 minute ago, Vaampire said:

So in ur example, did the person sell the second stock or holding for loss?

sold for loss.

[Vaampire]

2 minutes ago, Rao_Garu said:

sold for loss.

Then he don't pay tax for profit. Since his total loss is 15k-8k = 7k. He can use 3k losses this year, next yr another 3k and following year 1k.

Nuvvu cheppindi nijam avuthey nenu eppudo trading apeseyvaadini.

Profits annitiki tax katti, loss vachina stocks only 3k deduction allowed antey naa life saripodhu losses no choopinchadaniki.

Almost all day traders will go bankrupt

[Rao_Garu]

4 minutes ago, Vaampire said:

Then he don't pay tax for profit. Since his total loss is 15k-8k = 7k. He can use 3k losses this year, next yr another 3k and following year 1k.

Nuvvu cheppindi nijam avuthey nenu eppudo trading apeseyvaadini.

Profits annitiki tax katti, loss vachina stocks only 3k deduction allowed antey naa life saripodhu losses no choopinchadaniki.

Almost all day traders will go bankrupt

let me recheck myself again. 

[Hindhustani]

Why stocks are up today , any market news ? @Vaampire

[Vaampire]

3 minutes ago, Hindhustani said:

Why stocks are up today , any market news ? @Vaampire

Nothing big. Konchamey perigayi kada

[Manikyam]

1 hour ago, Vaampire said:

Yaa. Trading platforms will do it for u in tax statement.

Even now u can see realized gain loss and unrealized ones too

is the loss should be on realized gain loss

I am down on unrealized - 14 k 

realized gain loss +3500

[Jilchika]

4 minutes ago, Vaampire said:

Nothing big. Konchamey perigayi kada

Small cap stocks and meme stocks are doing good today.

[Hindhustani]

10 minutes ago, Vaampire said:

Nothing big. Konchamey perigayi kada

Yes bro , lost few months my mid and small stock reaching 52 week low every day .. so surprised today 

[Spartan]

@Vaampire yes wnd of year that example will have 7k loss

no need of tax on 5k profit

[Spartan]

12 minutes ago, Manikyam said:

is the loss should be on realized gain loss

I am down on unrealized - 14 k 

realized gain loss +3500

always u pay tax on realized gl only