Hunt Gold Corporation (HGLC)

[ib12u]

overachiever -been your comments, aharfo56 -Dont beat yourself up on this one.

We've all had the seat of our pants kicked at some point which made us better investors.

(even a lot richer)..>8^}

All in not quite quite lost here, as I'll simply claim my losses on my next tax return.

Although the tax laws has it that filers can only claim up to $3000 per year of total capital losses with differences carried over to the next year's filings until the total losses are claimed, this is at least a 'CLAIM' to get SOME money back.

I'd rather 'THAT' than nothing at all, as it has been, prior to knowing that I could have done so all along.

Welp! -Better NOW than never.. =)

BUT, such doesn't come without a counterpart.

Whereas, had I've acquired 'Over-All' capital gains, then I've OWE taxes and that's the nature of the beast.

The some-what Scam'ish'ness of the Tax-laws is that when you LOSE, you can only claim up to $3000 of your losses but when you WIN, you owe taxes in full... LOL... they'll also spread 'THAT' over several years -LOL! with interests -LOL!

I guess it's true that the HOUSE always wins.

..>8^}


Oh and um,,, MODS/Admins?! um,, I'm hoping this is ON TOPIC as it relates to how one should handle losses incurred in this stock.