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Post# of 192567
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oneinamillion

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oneinamillion

Re: Mo-John post# 180698

Tuesday, 12/08/2009 7:22:49 AM

Tuesday, December 08, 2009 7:22:49 AM

Post# of 192567
While I hope for a Christmas miracle. A complete flop here would allow you to take the losses off in one year under the worthless stock rule. Otherwise may be limited to $3000 a year till you recoup 15 to 25% of your losses if you usually have a tax liability before the deduction.

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