Net short-term capital loss; and, The amount of long-term capital loss carried over to the tax year from the prior year. Collectibles gain or loss is gain or loss on the sale of a collectible as ...

Thomas J Catalano is a CFP and Registered Investment Adviser with the state of South Carolina, where he launched his own financial advisory firm in 2018. Thomas' experience gives him expertise in a ...

Short-term capital losses (including any short-term carryover) of non-corporate taxpayers (individuals, estates and trusts) are applied first to reduce short-term capital gains. Under Internal Revenue ...