The National Directory of Certified Public Accountants

Ask A CPA - Capital Gains & Losses

What Is The Last Day Of The Year I Can Sell A Stock And Take A Loss?

You can sell a stock on December 31 and still take the loss, even though the settlement date is in the following year. Of course, if December 31 is a Sunday, you better sell that stock on December 29th since the market is closed!

If you need professional help with "Capital Gains & Losses" or have other tax questions, we can help you find a local licensed CPA for a free, no-obligation consultation.