defter gain from stocks

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Icon Mini Profile suefen_tsai




Joined: 31 Mar 2008

Posts: 2

1.08 Dollars($)
PostPosted: Mon Mar 31, 2008 12:40 pm    Post subject: defter gain from stocks

Can I defer gain from stocks which were sold in 2007, and claim it in 2008?
Icon Mini Profile larry




Joined: 27 Jun 2007

Posts: 3328

474.61 Dollars($)
PostPosted: Fri May 23, 2008 3:05 am    Post subject:

Hi suefen_tsai,

Welcome to the forum.

Do you want capital gain tax deferral from stocks? I think it is possible but you should contact with a tax advisor

Best of luck,
Larry
Icon Mini Profile Niicss
Niicss



Joined: 03 Oct 2005

Posts: 3237
Location: New Jersey
510.78 Dollars($)
PostPosted: Fri May 23, 2008 4:30 am    Post subject:

Welcome suefen,

You can defer capital gain tax through…..

1. Say you have sold the stocks and profit from there 20,000 dollars but you have sold a property where have lost 20,000 dollar. Thus you need not to pay capital gain tax on it.

2. You can get capital tax exemption for up to 250,000 dollars for single filers and $500,000 for married joint filers.

You can check out the capital tax exemption

For further details you should contact with a tax advisor as Larry has also mentioned it.

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Icon Mini Profile enriko




Joined: 05 Mar 2008

Posts: 68

0.15 Dollars($)
PostPosted: Tue Jun 24, 2008 2:33 am    Post subject:

Hi, yeah i do think that you can. But it really would help to talk with tax advisor.

Riko

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