Andhravodu
Kurra Bewarse Username: Andhravodu
Post Number: 2670 Registered: 04-2017
Rating: N/A Votes: 0 | Posted on Friday, December 18, 2020 - 1:57 pm: | |
Nalla_baalu:say I made 100$ gain on short-term and 100$ loss on short-term
your statement shows only net prior years any losses did you claim capital losses tax exemption? Symbol_of_king: net gain tax will be on top of capital gain tax (10/20 %)?
no. net gain tax is the applicable capital gain tax rate. Your brokerage will calculate if you have a long position or short position, you pay either short/long term capital gains tax and that's it |