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dheeraj-pandey
March 29, 2023
Question

I am filing married jointly. I have capital losses and my wife has capital gains.. Would they cancel out each other (assuming its same $$ amount)?

  • March 29, 2023
  • 1 reply
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1 reply

JohnB5677
JohnB5677
March 29, 2023

Yes, if you're filing jointly, all of your investment transactions will merge together and the net resulting profit or loss will be reflected on your tax return.

If this does not completely answer your question, please contact us again and provide some additional details.

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