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    Capital Loss Carry Forward for How Long

    Thanks all for the clarification. I had always thought the same in that capital losses can be carried forward indefinately until you die. Just that in other previous Somersoft post (can't seem to search for it now), people were stating things like captial losses only last 7 years and...
  2. W

    Capital Loss Carry Forward for How Long

    Hi, How long can a capital loss be carried forward for? From reading some posts here, some people states that capital loss can only be carried forward 7 years to offset future capital gains. However, when I went to the ATO website, it doesn't mention anything about a timeframe for a...
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