tax - share trader vs investor - help, page-77

hi mate. if you are a trader, all you get back is your PAYGW.

however, any of your share trader loss that exceeds your other income will be carried forward as a loss for next year.

for example, say your share trader loss is $200,000 for 2019 and your employment income is $100,000 per year for both 2019 and 2020

your taxable income for the current 2019 year will be zero and your taxable income for the next 2020 year will be zero

therefore you get your PAYGW back for both two years

regards