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Re: ken_r post# 47671

Friday, 11/03/2017 3:31:56 PM

Friday, November 03, 2017 3:31:56 PM

Post# of 47873
Hi Ken..

What you do next year if you get any money back, is to claim it on your taxes the following year, or simply refile a correction to this years taxes.. I will use the loss this year to offset some Long term Apple gain. Then I will buy it (AAPL) back a couple days into the new year. I have a sizeable loss which needs to used to offset my tax liability for 2017. I have a sizable gain in Apple which I can offset for 2017.

From how I read it was that if it is NOT trading now. (It isn't) So it can be used as a right-off before Jan which be used as a deduction for yr 2017 taxes. Anything return of capital we get in 2018 can be addressed in yr 2018 taxes. Or a simple Correction to 2017 taxes in 2018. Hope this is clear. Pair the losses off with your gains for 2017. If you don't I am not sure on how it effects you. Perhaps you can use it ALL next year..

If anyone has a better idea I am all ears. Bests..

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