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Stock Sale loss question
Posted on 9/9/15 at 9:54 pm
Posted on 9/9/15 at 9:54 pm
Can I deduct a loss on a stock sale to my brother in law on my taxes?
2
Posted on 9/9/15 at 10:17 pm to bicroundstic2008662
Assuming that he and your sister file their taxes jointly, no. Pretty sure. One of the experts may wish to correct when their around.
He would be entitled to claim losses and gains that exceed your disallowed loss.
He would be entitled to claim losses and gains that exceed your disallowed loss.
This post was edited on 9/9/15 at 10:18 pm
Posted on 9/10/15 at 9:30 am to bicroundstic2008662
Don't see why you wouldn't sell stock then gift it to him.
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