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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?

To: Craig K who wrote (5790)5/21/1999 7:41:00 PM
From: Joe Lyddon  Respond to of 108040
 
Thank you! I thought it worked that way...
...otherwise, you'd never get out of the hole.

Joe



To: Craig K who wrote (5790)5/21/1999 7:46:00 PM
From: LANCE B  Respond to of 108040
 
craig you are correct....
there is a 3 yr period in which
what i thought was only 3k that could be deducted
each year...
but for anybody that lossed 100k and still have 97 left to
deduct ,you have 3 years in which to apply that to..

jim b...
right now you are now 87 down in the hole...which means if the year ended right now,you could still take the 3k exemption and just lower
your losses to 84k for still available for next year ....


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