Sorry about the lame question.
But I never actually sell shares. So I don't know.
Can I sell some of my losers (down about $1000 or so on them) and just claim that off my salary income to reduce my tax?
My tax rate will be lower next year so I may as well do it now.
Bearing in mind the only capital gain I realised this year was a couple of hundred in dividends. I've not sold anything all year. Other shares have gone up of course so I am ahead quite a bit.
I think you can only claim a loss off a capital gain, is that right? So there is no point in me selling really, they are still good companies.
Also I lost about $3000 on some Nasdaq shares in 2001 - can I still claim that loss now, I have yet to claim it.