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Strategies & Market Trends : Wayne Rumball's tax write offs -- Ignore unavailable to you. Want to Upgrade?


To: Wayne Rumball who wrote (3)6/6/1998 7:30:00 PM
From: Ga Bard  Read Replies (2) | Respond to of 205
 
LOL... Boy I was not expecting that ...

Ok I will reword ....

1.) It there a max amount of capital loss you can take off you annual income tax? eg $1000.00 $2k ...

2.) What happens to the reat of the loss if you exceed the amount of capital gain loss IF you continue to put money into the market and loose it?

3.) How is the percentage of tax figureed for short term and long term capital gains? er 25% 35%

Hey never was good at tax matters.

LOL

GB