Using Capital loss to reduce capital gain

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(Newbie)Newbie

9 May 2025

There is capital loss from the current year and from the previous year.

Can you fully offset a capital gain and use the remaining capital loss to reduce another capital gain?

Or do I have to split it?

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(Taxicorn)Taxicorn

10 May 2025

From ATO site

You apply your net capital losses in the order that you make them.

Any remaining capital loss is carried forward.

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