Did you lose a lot of money in stocks this year? Here's how to use those losses to pay less tax
- Posted on April 21, 2026
- By Business News Today
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- 1 min read
Did you lose a lot of money in stocks this year? Here's how to use those losses to pay less tax
Capital losses on listed shares are not dead money. Under the Income Tax Act, you can set them off against capital gains — either in the same year or carry them forward for up to 8 years. Most investors simply don't know how to use this rule. Lost money in the stock market? The IT Act lets you use those losses to cut your tax bill