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Day Trader’s Aftermarket Lounge 8 Aug 2019, page-120

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R_Soul

9,163 Posts.

167

09/08/19

06:29

Post #: 39935121
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Originally posted by Steve98 ↑

So i've had a capital loss trading right guys.

I have an active ABN,
-doing my tax's
-tax agent guy im using
-says using my ABN i can claim against my losses doing it through ABN and also because im not investing, im trading.

does anybody know if this is true?

because i've only ever known it to be
-Taxed when capital gain
-When in capital loss, it offsets to when you finally make profit

anybody that can help with this would be much appreciated!
is this all true?

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@Steve98

yes it's true, my accountant did if for me some years ago and it helped me big time
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