SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jim B who wrote (5794)5/23/1999 9:41:00 AM
From: Helen Krukas  Read Replies (1) of 108040
 
Yes, you can offset your 1997 and 1998 net capital loss carryforwards against 1999 capital gains. If this results in a net gain, you will be taxed on the entire amount. If the result is still a loss, you can deduct up to $3000 in 1999, with the remainder becoming your new carryforward loss.

In other words, you don't lose the deductibility of your losses.

Hope you have lots of gains and pay lots of taxes.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News