Are option losses tax deductible? This is a question that many investors, especially those dabbling in options trading, ask. The answer isn’t straightforward because it depends on several factors, including the type of option (call or put), how long you've held the option, and whether the loss occur...
Categories: Tax Deduction
You’ve been playing the crypto game for a while now, haven’t you? But like many, you might have found yourself at a loss—quite literally. What if I told you that these losses could be your secret weapon in reducing your tax bill in Canada? That’s right; those dips in the market might not be as devas...