MIDL .... A Real Sleeper Message Board

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Microcap & Penny Stocks : MIDL .... A Real Sleeper

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To: Billy Shoemake who wrote (5073)	3/5/1999 8:54:00 AM
From: Joe Copia	Read Replies (1) of 7039

Only $3000 can be used as a deduction. You have to take all your gains and subtract your losses and that number is what you declare, but only up to $3000. If your overall gains minus sells is greater than $3000 then the balance is used against next years gains minus losses.

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