What CAPITAL LOSS means: The loss from the sale or exchange of a capital asset. Up to $3,000 ($1,500 if married and filing a separate return) of net capital loss is deductible annually with the excess carried forward to future years. Losses on personal-use assets are not deductible.
- Definition Common-Law State:
- Dictionary A state in which the laws governing property rights are based on British common law. The property and income of each spouse belongs to him or her separately capital loss definition.
- Definition Certificate:
- Dictionary The actual piece of paper that is evidence of ownership of stock in a corporation capital loss explain.
- Definition Cafeteria Plan:
- Dictionary employer offers a choice of salary or specified nontaxable fringe benefits from which participating employees may select. The plan may be funded with employer contributions, employee contributions capital loss what is.
- Definition Casualty:
- Dictionary The complete or partial destruction of property resulting from an identifiable event of a sudden, unexpected, or unusual nature capital loss meaning.
How works Capital Loss meaning in Tax definitions C .
