That sounds right but I think you can carry over those losses to future years.

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Apr 1, 2014
12:24:59pm

KingDave

That sounds right but I think you can carry over those losses to future years.

You're right. Best to consult a CPA.

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KingDave

Previous username: (Private)
Bio page: KingDave
Joined: Oct 12, 2009
Last login: May 5, 2024
Total posts: 69,410 (20,647 FO)

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Messages

Author

Time

Ok tax accountants I was just informed any stock loss I had can only offset

germ1

4/1/14 12:23pm

That sounds right but I think you can carry over those losses to future years.

KingDave

4/1/14 12:24pm

RE: Ok tax accountants I was just informed any stock loss I had can only offset

BYU71

4/1/14 12:27pm

True (according to my accountant) - I have a big loss as well and I can only

Hoopster

4/1/14 12:28pm

Basically correct. You net all of your capital gains and losses and then if you

Mikey

4/1/14 12:30pm

I will be dead before it used up.

germ1

4/1/14 12:35pm

Assuming it is not "1244 stock" that is correct

dratax

9/22/14 3:00pm

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