If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)

Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie

Offsetting losses against profits when selling shares

BarraOG · 2021-12-22 13:09:37

I have a number of shares that I have made a loss on. I was thinking of selling them before the end of this year and then offsetting this by selling shares that I have made a profit on so that the total loss for shares 1 is greater or equals the total profit for shares 2. I will then buy more shares with the money I have…

Options

22-12-2021 2:09pm

#1

BarraOG

Registered Users Posts: 361 ✭✭

Join Date: December 2011

Posts: 189

I have a number of shares that I have made a loss on. I was thinking of selling them before the end of this year and then offsetting this by selling shares that I have made a profit on so that the total loss for shares 1 is greater or equals the total profit for shares 2. I will then buy more shares with the money I have after selling the shares. If I do this, do I have to declare anything to the tax man?

0