1Settimana·

Sale for the loss account pot

This time I made a conscious decision to sell. On the one hand, Alphabet has done really well recently and, on the other, I would like to balance out my loss pot a little at the end of the year.

I'm not yet sure how clean and easy the transition at Scalable will be. This is another factor why I made the sale now.

Edit: Just to be clear again. The loss calculation head was only a minor factor. I just asked myself the question. What happens if the loss account header is not transferred properly when the securities account is transferred? This has happened to me before.

14.10

Alphabet

Venduto x19 a 210,00 €

3990,00 €

35,63%

11 Commenti

Daxdaniel@Daxdaniel

1Settimana

Why would you want to balance your loss pot? It's good if it stays high and you don't have to pay tax if you really want to get rid of a share at some point?

•

Kai@Dividenden-Sammler

1Settimana

@Daxdaniel some things you probably don't need to understand

•

Mi(t)chel@Mi-t-chel

1Settimana

@Daxdaniel quite simply....am I sure that the transfer to the new Scalable at the beginning of November will go smoothly? Rather no. Moreover, it is only an additional factor in the decision, not the decisive factor

••

Daxdaniel@Daxdaniel

1Settimana

@Mi-t-chel If I have so little trust in my broker that I have to make investment decisions differently in order to avoid potential disadvantages due to tax calculation errors, then I would also want to keep my assets elsewhere.

•

jkb92@jkb92

1Settimana

I would have used everything else for the test first :)

••

Mi(t)chel@Mi-t-chel

1Settimana

@jkb92 there is no testing...everything is to be changed over at the beginning of November...whether it will run smoothly and without problems is questionable for me. It's also just an additional factor

••

Der_von_der_Ostsee@Der_von_der_Ostsee

1Settimana

Basically, it doesn't matter how many brokers you have and therefore how many clearing pots you have, as well as if you "move" your custody account ?!

The decisive factor is to declare everything in the tax return, possibly to make a loss carryforward for the next year and then everything is clarified. Or am I seeing something wrong here? 🤔

If there are more than two custody accounts, profits/losses can be offset against each other.

••

Mi(t)chel@Mi-t-chel

1Settimana

@Der_von_der_Ostsee As far as I know, as soon as you offset several securities accounts against each other in your tax return, the loss pots are set to zero...
If you do not do this, you can continue to keep the loss pots.

••

Der_von_der_Ostsee@Der_von_der_Ostsee

1Settimana

@Mi-t-chel Yes, I agree with you. For example, since I have two custody accounts with different providers, I apply for a loss certificate, regardless of whether there is anything there or not. I can then offset both securities accounts against each other in my tax return. The loss certificates then zero out the pots.

••

Mi(t)chel@Mi-t-chel

1Settimana

@Der_von_der_Ostsee and that's where I see the problem... Actually, I would like to continue to use the loss account pot bit by bit. However, if something goes wrong with the custody account transfer, I'm left with a mess. That's why I wanted to take some profit on a share that has been performing a little too strongly for me recently.

••

Alfred E.Neumann :-)@Papiertiger

1Settimana

So SC has now had a good 3-4 quarters to prepare the move.
If it's not about using the tax-free amount now, I wouldn't really care. Your loss pot must be transferred.

With Smartbroker from DAB to Baader, it didn't work out cleanly here and there either. But pots were never a problem. Rather, incorrect purchase values were displayed and it took a long time until it was finally booked in.

••