Stockmaster
Registered User
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Sorry Guys, I had to move my question to this form as I had it incorrectly in deposits....
Hi, I would appreciate any help
I am a PAYE employee, and I have being filling out my tax returns since 2002 and recently using the online ROS form F11.
However I only now realise that I should have being filing my losses on Shares which I have been trading (trying to trade, but making overall losses each year) I had it in mind that eventually when I would make a capital gain I would pay the tax. (I have now given up the trading part and am a buy and hold)
here is my situtation, numbers are in dollars
2004 loss of 4982$
2005 loss of 1705$
2006 loss of 10,620$
2007 loss of 5,469$
2008 loss of 12,579$
2009 Gain of 4,954$
2010 loss of 5,943$
2011 loss of 2,428$
So my question is 1) can I now go back and put these down as losses to revenue, if so do I convert to Euro rate on the year they were realised
2) I am married and my wife owns some stock in ireland and if she sells there will be a capital gain of 5 -to 6K, can these earlier losses be used against her gain as we are jointly assessed
Any help would be greatly appreciated - Thanks
Hi, I would appreciate any help
I am a PAYE employee, and I have being filling out my tax returns since 2002 and recently using the online ROS form F11.
However I only now realise that I should have being filing my losses on Shares which I have been trading (trying to trade, but making overall losses each year) I had it in mind that eventually when I would make a capital gain I would pay the tax. (I have now given up the trading part and am a buy and hold)
here is my situtation, numbers are in dollars
2004 loss of 4982$
2005 loss of 1705$
2006 loss of 10,620$
2007 loss of 5,469$
2008 loss of 12,579$
2009 Gain of 4,954$
2010 loss of 5,943$
2011 loss of 2,428$
So my question is 1) can I now go back and put these down as losses to revenue, if so do I convert to Euro rate on the year they were realised
2) I am married and my wife owns some stock in ireland and if she sells there will be a capital gain of 5 -to 6K, can these earlier losses be used against her gain as we are jointly assessed
Any help would be greatly appreciated - Thanks