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Updated over 8 years ago,

User Stats

201
Posts
29
Votes
Nadine Lajoie
  • Investor
  • Long Beach, CA
29
Votes |
201
Posts

Capital losses when you close a company?

Nadine Lajoie
  • Investor
  • Long Beach, CA
Posted

Tax questions: when you close a company, are the Capital Losses become a terminal loss, so you can apply Capital Losses against your other income in the last year of the company? Or is there a way to transfer that Loss to another company who had capital gains? without being too complicated.... yes I tried to reach accountants since over a month but everyone says they are too busy until End of October for a PAID consultation!!! but this tax return is due Sept 30th....
Hope someone can help. thanks

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