close
    i bought gold for 50,041.53 and sold it for 31000.00 can i claim it on my taxes as a loss

    0  Views: 328 Answers: 2 Posted: 12 years ago

    2 Answers

    Where in the word would you lose money on gold? Everything I've seen has been gold prices going up!

    Clonge

    You never heard the expression, "Buy high and sell low"? (lol)In any event, if it did take such a tumble, it was a long time ago, far too long to file amended US and state, (assuming she has US responsibility), if applicable, Income Tax returns.

    Taxes where?



    Top contributors in Uncategorized category

     
    ROMOS
    Answers: 18061 / Questions: 154
    Karma: 1102K
     
    Colleen
    Answers: 47269 / Questions: 115
    Karma: 953K
     
    country bumpkin
    Answers: 11322 / Questions: 160
    Karma: 838K
     
    Benthere
    Answers: 2392 / Questions: 30
    Karma: 760K
    > Top contributors chart

    Unanswered Questions

    WIBET
    Answers: 0 Views: 6 Rating: 0
    vn888to
    Answers: 0 Views: 8 Rating: 0
    23winiorg
    Answers: 0 Views: 10 Rating: 0
    jlbet8ph
    Answers: 0 Views: 7 Rating: 0
    Ricwin Casino
    Answers: 0 Views: 9 Rating: 0
    NGUYEN VAN TRUNG
    Answers: 0 Views: 10 Rating: 0
    PG88
    Answers: 0 Views: 5 Rating: 0
    Trung Tâm Bảo Hành LG TPHCM
    Answers: 0 Views: 8 Rating: 0
    > More questions...
    506873
    questions
    749834
    answers
    847447
    users