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 : IRS, Tax related strategies--Traders -- Ignore unavailable to you. Want to Upgrade?


To: Colin Cody who wrote (1152)4/8/2000 4:07:00 PM
From: Scooter  Read Replies (2) | Respond to of 1383
 
So the $30,000 in losses I can't deduct??

If not can I deduct them in the coming years??

any help would be appreciated..

thanks



To: Colin Cody who wrote (1152)5/5/2000 5:21:00 PM
From: Jeff Jordan  Read Replies (1) | Respond to of 1383
 
Colin,

Hi, Somehow, Bank Of America returned my IRS check unpaid? I made a deposit 13 days prior...so the funds were available. Well, since then the check was finally paid and I acquired a letter from the bank stating the funds were available and a mistake was made in it's initial return.

Do you think this has caused me a problem with the IRS? since payment was due w/ my return. I would hate to be penalized for a late payment. But the check I wrote was paid the 2nd go. I guess I'll send the bank letter in just in case. Have you run across a situation like this before?

You can bet I was upset with the bank!

Jeff



To: Colin Cody who wrote (1152)9/20/2000 9:01:21 PM
From: Manny  Read Replies (1) | Respond to of 1383
 
How can I claim losses from foreign investments?
I invested big chunk of money in a foreign company
and unfortunately company went bankrupt. Is there
some way, I claim it as capital losses on my
tax returns?