NEWBIES BOARD

[Garyst]

Nope, like Marilyn said it is indefinite until you exhaust the losses by taking your 3k max loss deduction each year or using the losses up over the years as you make gains. Embarrassed to say, I'm still carrying over losses from 10 years ago and can take 3k each year as a loss if I do not make any gains and if I do have gains I can use my losses up to my yearly gains til they are used up.

I was a bit reckless back in the late 90's in the tech era and the onset of all the internet stocks :(