Here's a question: Hypothetically let's say investing/trading as...

  1. ans25
    6,158 Posts.
    lightbulb Created with Sketch. 764
    clock Created with Sketch.
    13/06/17
    07:52
    Post #: 25235718
    Here's a question:

    Hypothetically let's say investing/trading as a sole income you incur a $100k loss in a financial year (no tax return this year) and let's say you make a $500k gain in the next financial year (mixture of trading and holding shares > 1year)

    Taxable income next year will be $400k?
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.