sorry no where else to post this.... ok the question is, ive sold alot of stock, last year i claimed a 1/4 of the losses because that is all i was aloud to claim. and i got my tax info for this year, and it shows all the money ive taken out by selling different stocks but didnt show the loss. i know ive lost but will the money be taxed that i took out but was for a loss, even though i didnt claim the loss this year and i payed tax on the initial money i put in the acount. and will the left over money i wasnt able to claim from last year be able to be carried over to this year?

im just confused, can what i sold can be taxed and used as an income even though it was taxed before the money was put into stocks.

any help i know its not to detailed but i dont understand it. tia

 

I don't think so.. if you already paid tax on the money then you would only be taxed again if you came out above. Not sure though hopefully someone else can help.

 

ok thanks thats what i thought. i know ive lost (alot just like everyone else) i was just making sure the money i took out would count towards my income or be able to be taxed again, if it is, im gonna be screwed