tax loss
Investment gone south
A tax loss is a loss on an investment or business activity that can be used to reduce taxable income.
Investors often sell underperforming assets specifically to realize losses that offset gains elsewhere—a strategy called tax-loss harvesting: She sold the declining stock to generate a tax loss before year-end.
- write-offRecorded value reduction
- deductionConclusion from premises
- carryforwardBalance moved to future
- offsetCompensate by opposing force
- harvestGathering mature crops
capital gains · short term · long term · depreciation · shelter · refund · filing · audit · April · accountant · financial planner · portfolio · stocks · basis · realized · unrealized · paperwork · IRS
- financial resultsprofit, gain, return, earnings, dividend
- financial lossesdeficit, write-off, write-down, bad debt, red ink
- taxeswithholding, VAT, GST, customs duty, FICA
- taxationVAT, withholding, deductions, deduction, taxpayers
- merger taxreorganization, boot, rollover, step-up, capital gains
tax losscapital gain
Profit from asset sale
taxable income · profit · net gain · income · earnings
tax losstax liability
Money owed to government
tax burden · tax obligation · tax bill · tax due · tax payment
tax, loss, taxes, taxed, taxing, taxation, taxable, taxpayer, losses