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To: CWolf who wrote (40473)3/15/1999 8:50:00 PM
From: Jack Colton  Respond to of 50264
 
For most that's true... But it depends on fiscal year, and size of loss. There are provisions for loss carry back / forward under the right circumstances. That's why our tax code is so lengthy.

And the gains (if any) won't be reportable if you're out by 4/15/99.

jtc


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