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Re: Donotunderstand post# 776824

Tuesday, 12/05/2023 1:13:34 PM

Tuesday, December 05, 2023 1:13:34 PM

Post# of 796359
This investment in particular has been great for Tax Loss Harvesting, but to make a finer point, typically there's no cap in paying a Net Capital Gain, but Uncle Suggy limits your Net Capital Losses up to a $3,000 annual deduction.

Also, Uncle Suggy let's you offset any previous losses from your business in future years for a certain amount of years.

So, what do you think of this statement, T or F? :

"But for your beloved party, the August 17, 2012 Net Worth Sweep would not have happened!"

HeeeeHeeee! Tell me why you believe that's True or False....

You can listen to todays USSCT arguments on taxing gains here....

https://www.supremecourt.gov/