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Re: Pharaoh-1 post# 49968

Friday, 12/23/2022 12:22:06 PM

Friday, December 23, 2022 12:22:06 PM

Post# of 65470
I think the tax selling part may be a little overblown, but I could be wrong. I have sold pennies and to date am still taking $3,000 deduction PER YEAR.

If there are offsetting situations of $1M profits / $1M losses, then that is another case.

I am not a tax expert and do not pretend to me but most of the investors in penny stocks are not tax experts either.