InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,471.05
(
1.16%
)
US TECH 100
18,204.80
(
1.43%
)
Dow Jones
40,829.59
(
1.20%
)
Brent Oil
71.48
(
-0.33%
)
Bitcoin
56,837.47
(
-0.32%
)
Post# of 346919
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

turn2him

Send PM Follow Ignore
Followers 6
Posts 1203
Boards Moderated 0
Alias Born 05/13/2008

turn2him

Re: Fire Lane post# 320356

Sunday, 05/23/2010 2:50:56 PM

Sunday, May 23, 2010 2:50:56 PM

Post# of 346919
If I am not mistaken, the 3k loss is per year on the form 1040. If you have a profit in stock market of 30,000 in 2010 and net loss of 35,000 in 2010, this is a net loss of $5000 in 2010. you will be able to write off 3k in 2010 and carry over the $2,000 difference for a write-off in 2011.

Time and the Creator of it are my friends

Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up