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Microcap & Penny Stocks : VLVT (was CSMA)
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To: jan_mike who wrote (4129)12/31/1997 5:02:00 PM
From: Dick Jaffe  Read Replies (2) of 11708
 
The capital loss writeoff against ordinary income is limited to $3,000. Of course, such losses can be written off against gains in any amount, provided you take the gains in the same year. Unused capital losses can be carried forward indefinitely.

Dick (Retired T-Man)
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