Income Taxes and Record Keeping ( tax ) Message Board

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Strategies & Market Trends : Income Taxes and Record Keeping ( tax )

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To: Stu E. who wrote (1640)	12/27/1998 1:12:00 PM
From: Colin Cody	Read Replies (2) of 5810

Assuming the taxpayer has actual recognition of those items in 1998 and she has enough 1998 AGI to use against the loss -- the $2,600 net loss will offset $2,600 of the income (AGI) on her return. Colin

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