Question on Net Capital Loss IRS

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  • This topic has 0 replies, 1 voice, and was last updated 10 years ago by Anonymous.
  • Topic Starter
  • February 9, 2015 at 10:32 am #4104586
    Anonymous

      Is it required to file capital gains/losses with the IRS if the year’s short-term transactions summed to a net capital loss for a traditional brokerage account? I would like to not think so as it would not be owing the IRS more money but having them owe you more money. If someone could clear this up for me?

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