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Vaampire

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Just now, SUbba LIngam said:

bro ru holding NVDA that u bought at $299?

Yaa. Will add more if it goes to 250

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47 minutes ago, Chakram12 said:

@Spartan @Vaampire @sri_india

I thought I can only show $3000 losses max regardless my capitol gains.

But article says differently

 

Capital losses can offset capital gains
As anyone with much investment experience can tell you, things don't always go up in value. They go down, too. If you sell something for less than its basis, you have a capital loss. Capital losses from investments—but not from the sale of personal property—can be used to offset capital gains.
If you have $50,000 in long-term gains from the sale of one stock, but $20,000 in long-term losses from the sale of another, then you may only be taxed on $30,000 worth of long-term capital gains.
$50,000 - $20,000 = $30,000 long-term capital gains
If capital losses exceed capital gains, you may be able to use the loss to offset up to $3,000 of other income. If you have more than $3,000 in excess capital losses, the amount over $3,000 can be carried forward to future years to offset capital gains or income in those years.
 

https://apple.news/AN_jxrXc6RNip-0KzzB6-wg

Deene medha details last year idhe thread lo vesaa bro with examples around ....you can carry forward remaining losses .... Let's say you have 30000 losses , 3k this year and 27k carry forward , next year 40k profits ... 40k -27k losses from last year = 13k profits for tax that year

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28 minutes ago, sri_india said:

Deene medha details last year idhe thread lo vesaa bro with examples around ....you can carry forward remaining losses .... Let's say you have 30000 losses , 3k this year and 27k carry forward , next year 40k profits ... 40k -27k losses from last year = 13k profits for tax that year

next year kuda 3k chupinchalema..instead of 27k :P

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41 minutes ago, Howle said:

Twitter is way too low. Is it good time to enter?

Its always tricky entering at 1yr low price for any stock. Most of them will be at 1yr low price because something could have gone wrong. Like missed earning reports or failed fda approval or something. So we will not be sure if it further goes down. 
 

coming to twitter, its almost 50% down compared to high price. Considering the blood bath this week, i would wait for market to settle down before adding stocks like twitter

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8 hours ago, sri_india said:

Deene medha details last year idhe thread lo vesaa bro with examples around ....you can carry forward remaining losses .... Let's say you have 30000 losses , 3k this year and 27k carry forward , next year 40k profits ... 40k -27k losses from last year = 13k profits for tax that year

  • You can reduce any amount of taxable capital gains as long as you have gross losses to offset them. For example, if you have a $20,000 loss and a $16,000 gain, you can claim the maximum deduction of $3,000 on this year’s taxes, and the remaining $1,000 loss in a future year. Again, for any year the maximum allowed net loss is $3,000.
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3 minutes ago, dkchinnari said:
  • You can reduce any amount of taxable capital gains as long as you have gross losses to offset them. For example, if you have a $20,000 loss and a $16,000 gain, you can claim the maximum deduction of $3,000 on this year’s taxes, and the remaining $1,000 loss in a future year. Again, for any year the maximum allowed net loss is $3,000.

neenu chepindi idhe kadha .....  

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