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Technology Stocks : John, Mike & Tom's Wild World of Stocks -- Ignore unavailable to you. Want to Upgrade?

To: John Pitera who wrote (2035)11/21/2000 2:21:03 PM
From: Alidotr  Read Replies (1) | Respond to of 2850
 
John, thanks, Tim said much the same thing.

BR



To: John Pitera who wrote (2035)11/21/2000 2:29:23 PM
From: Logain Ablar  Respond to of 2850
 
John:

An individual has an unlimited capital loss carryforward period (corporation 5 years) with no carryback (there is an exception with sec. 1256 contracts, ie futures, currencies, non equity options or dealer options with a 3yr carryback).

Corporations do have a 3 year net capital losscarryback (with limitations).

Tim


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