Australian (ASX) Stock Market Forum

Recent content by petehe

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    Tax deduction of CFD losses

    Thanks McLovin
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    Tax deduction of CFD losses

    I have been trading with CFD for 2 months and lost 4k last financial year. I have full time job and so I am not a trader. Could anyone tell me if I can claim the CFD loss as deduction to offset my taxable income? If I can which category should I claim it under Much appreciated.
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