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Technology Stocks : Net Perceptions, Inc. (NETP) -- Ignore unavailable to you. Want to Upgrade?

To: ALTERN8 who wrote (951)5/28/1999 3:39:00 PM
From: John Carragher  Read Replies (1) | Respond to of 2908
 
I still haven't seen a date on athm stock split.



To: ALTERN8 who wrote (951)5/28/1999 4:18:00 PM
From: Whys1  Respond to of 2908
 
Altern8, ++++++++OT++++++++++++

Sorry, should have been more specific. Filing as an individual,
if your short term capital gains result in a net loss, lets say 26k, for the year, you're only allowed a 3k deduction from your adjusted gross income for that year. The additional 23K loss will be carried over to next year. That's how I understand it.
I hope that you don't end up with a net loss for the year however!

Best of luck

Whys1



To: ALTERN8 who wrote (951)5/29/1999 5:36:00 AM
From: edwin mok  Respond to of 2908
 
OT

Well, $3K limit is true and it applies with you combine capital investment is a loss, and you can only deduct up to $3k against other income. Anyhow, the year's still young and why would you want to do any tax related selling until later. Hope it helps.

-Edwin


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