@ddzx Hi I have a question If I was to sell all my stocks with a...

  1. 406 Posts.
    @ddzx
    Hi I have a question

    If I was to sell all my stocks with a profit of $1000 and a loss for $600, making my net $400. Can the $400 be taxable instead of the $1000 since i incurred a loss and was sold on the same day? Or is it still $1000 and the $600 will be deducted from my profit for the next financial year?

    Edit:
    Oh and another Question. What happens if I am both an investor and trader. I sold some of my stocks before 12 months but i wish to sell some after 12 months.
    Last edited by KoiPanda: 21/08/16
 
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