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Re: Fairly_New post# 26652

Wednesday, 09/12/2007 8:35:38 PM

Wednesday, September 12, 2007 8:35:38 PM

Post# of 26833
Tax losses are of no use to me...
I retired last year and found that my retirement income is well below the standard deductions I receive for the four of us. Had a about 6,000 in capital losses last year and wasn't able to gain anything from them. Had to use $3000 worth so that was just money down the drain. That's why I won't sell anything again--capital losses are worthless for tax purposes if you don't have the income to offset them. Lesson learned but too late, as usual.

See what I've been up to:
http://uwlungman.page.tl/

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