If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)

Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie

CGT losses upon death

y0ssar1an22 · 2021-05-06 17:40:12

so there is no CGT on death. do any CGT losses pass to spouse upon death or are those lost? if 1 spouse remains and passes, do any CGT losses pass to next of kin? if yes, would that trigger possible CAT? i'm guessing any losses are gone upon death cos it could get complicated otherwise. TIA

06-05-2021 6:40pm

#1

y0ssar1an22

Registered Users Posts: 15,908 ✭✭✭✭

Join Date: April 2013

Posts: 15795

so there is no CGT on death.

do any CGT losses pass to spouse upon death or are those lost?

if 1 spouse remains and passes, do any CGT losses pass to next of kin? if yes, would that trigger possible CAT?

i'm guessing any losses are gone upon death cos it could get complicated otherwise.

TIA

0

Comments

#2 07-05-2021 12:25am

DmanDmythDledge

Registered Users Posts: 883 ✭✭✭

Join Date: October 2007

Posts: 821

Interesting question actually. I don’t believe they do on the basis an individual can only use their spouse’s capital losses if they have insufficient losses themselves and are married and living together but am open to correction on that. Technically speaking capital losses accrue to an individual rather than a couple.

0