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Realityhurts

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Realityhurts

Re: Pennywiserr post# 13824

Saturday, 11/14/2015 11:55:20 AM

Saturday, November 14, 2015 11:55:20 AM

Post# of 24872
Sure, if you have no net capital gains to report, and have net capital losses, you can write off $3k against ordinary income.

If you have capital losses exceeding $3k this year, you can take $3k against ordinary income for as many years in the future as it takes to eradicate it.

This post is just my opinion. I am a 100% non-compensated poster posting solely for my own interests and/or entertainment.

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