In a tax context, you can use capital losses to offset an equivalent dollar amount of capital gains, or up to $3,000 in capital losses to offset ordinary income. In either case, the offset allows you to reduce the tax you owe. Further, banks have the right of offset if a borrower defaults on a loan.
Central Daylight Time (CDT) is 5 hours behind Coordinated Universal Time (UTC). This time zone is a Daylight Saving Time time zone and is used in: North America. This time zone is often called Central Daylight Time. See full time zone map.
Time zone: CDT - Central Daylight Time. Current time zone offset: UTC/GMT -5. DST starts on 12 March 2017 and ends on 05 November 2017. Sunrise: 6:59 am. Sunset: 7:43 pm. USA country code is +1 and Katy area code is 281. Katy is located in CST - Central Standard Time zone and currently does not observe Daylight Saving Time. The sunrise was at 7:12 AM and the sunset was at 5:58 PM. Other Cities Located in CST - Central Standard Time Zone: Altona Arborg Beausejour Benito