1Yr·

Question from a #anfänger to the community about #verlustbescheinigung and #freibetrag

(...I can't get my head around it right now...)

In my first year on the stock market, I have currently realized around €500 in losses and €300 in gains in my only portfolio with Trade Republic. I am thinking about realizing profits this year (& buying back the corresponding positions immediately if the spread is suitable) in order to be able to use part of my allowance.

On the other hand, my loss of €200 would be carried forward to next year anyway and I could then offset it against any gains - is it worth considering the tax-free amount at all?

I have also applied for a loss certificate, but I don't know whether this will help me at all if I only have one custody account (?). Originally, I assumed that I would need it in order to be able to carry over the TR losses to the next year. I was probably wrong and would not have needed it at all.

I would be very happy to hear your explanations!

3 Comments

Jannik@Jack1909

1Yr

By applying for the loss certificate, you have unfortunately now set your loss pot to zero, so the €200 will not be carried over into the new year. Loss certificates only help you to offset your losses against profits that you make with other brokers with a different custody account, for example.

If you had done nothing at all, your losses would simply have been carried over into the new year. As far as I know, the whole thing cannot be reversed. But beware, I'm far from an expert, maybe someone else from the community can help and there are a few tricks that I don't know ✌🏼

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McZed@McZed

1Yr

@Jack1909 Thank you! I was afraid it was a mistake :/

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Celi@Finanzkuhi

1Yr

@McZed With the loss certificate, you can claim the losses for tax purposes. You will then receive a loss assessment notice and must declare any gains from the sale of shares etc. for tax purposes. You must now declare these annually for tax purposes in order to offset them.

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