Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: Wayners who wrote (56222)	5/10/1999 11:37:00 AM
From: Jan Crawley	Read Replies (1) \| Respond to of 164685

Is there a time limit by which you have to use up the tax loss carry forward by? You can apply the tax loss carryforward whenever you want to provided you have the capital gains of the same type, short or long term, to apply it to? 1. There is no time limit. 2. Yes, you can apply the loss carryforward whenever you want to provided you have the qualified cap. gain in the following years. You can exhaust both your future Long-term cap gain(20% top) and future short-term cap gain if your carry-forward a short-term cap loss that's large enough.

To: Wayners who wrote (56222)	5/10/1999 11:40:00 AM
From: wiz	Read Replies (1) \| Respond to of 164685

Wayne Sorry to barge in.. but the carry forward loss counts against any future capital gain. 40,000 carry forward loss.... next year make 20,000.. shows (3000) loss on tax return leaving 17000 carry forward. Mark