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LEGT2751 assignment (1 Viewer)

wantingtoknow

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anyone doing the assignment right nowwwwwww?

regardless, I have an issue with my assignment that I can't find the answer to anywhere on the internet. so please help !!

these are the amounts that I have:

capital gain on collectible of $10,960
capital gain on shares of $6,810
net capital gain from previous year from sale of shares: $4,000


can I use the 4,000 to offset the $10,960 from the collectibles?
so in other words, can I use normal capital losses to offset capital gains from collectibles
 

vivien023

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lol recognise me?! O_O
nah i havent, still in the doing lol havent done that much..
 

wantingtoknow

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yeah, pretty sure it's you lol. we went tutoring together during HSC

how did you deal with the capital gains? did you just subtract 4k from the 10k?
 

kellysukarti

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anyone doing the assignment right nowwwwwww?

regardless, I have an issue with my assignment that I can't find the answer to anywhere on the internet. so please help !!

these are the amounts that I have:

capital gain on collectible of $10,960
capital gain on shares of $6,810
net capital gain from previous year from sale of shares: $4,000


can I use the 4,000 to offset the $10,960 from the collectibles?
so in other words, can I use normal capital losses to offset capital gains from collectibles
Hi there, i'm currently taking legt2751 this semester and i receive similar assignment about capital gain. Would you mind sending me your assignment questions and final paper as a guidance for me? It would be greatly appreciated. Thank you!
 

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