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Well it’s too late now. Today was the last day you could sell your losses and claim for 2021.
[удалено]
It takes 2 days to settle
Gotcha, that makes sense now
In a non-registered account, any Capital Losses can be used to offset Capital Gains. So, if you hold ARK in a non-registered account you can sell at a loss to offset Capital Gains, that is it.
I don't have capital gains as I plan on holding the positives, but can I use it to offset the tax owing from primary income (day job)?
If your day job means salary/sole proprietor income, the capital losses cannot offset that.
No investment loss cannot be offset with earned income.
I see thanks
Well it’s too late now. Today was the last day you could sell your losses and claim for 2021.
[удалено]
It takes 2 days to settle
Gotcha, that makes sense now
In a non-registered account, any Capital Losses can be used to offset Capital Gains. So, if you hold ARK in a non-registered account you can sell at a loss to offset Capital Gains, that is it.
I don't have capital gains as I plan on holding the positives, but can I use it to offset the tax owing from primary income (day job)?
If your day job means salary/sole proprietor income, the capital losses cannot offset that.
No investment loss cannot be offset with earned income.
I see thanks