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To: Sultan who wrote (457)10/25/2001 3:28:15 PM
From: Kayaker  Read Replies (1) | Respond to of 548
 
I assume, if you take losses this year that are higher than gains paid in last 3 years, and if you chose to apply carry back then remaining losses for this year can be carried forward and claim against future gains..

That's my understanding, though I leave it all in the hands of my well paid accountant. I'm planning on a BIG refund <g>.



To: Sultan who wrote (457)10/25/2001 9:00:25 PM
From: Jim Bishop  Read Replies (1) | Respond to of 548
 
<remaining losses for this year can be carried forward and claim against future gains..>

Yes


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