InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,487.03
(
0.25%
)
US TECH 100
19,430.40
(
0.14%
)
Dow Jones
38,834.86
(
0.15%
)
Brent Oil
84.79
(
0.01%
)
Bitcoin
65,116.34
(
-0.03%
)
Post# of 585
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

ypsiCPA

Send PM Follow Ignore
Followers 28
Posts 2302
Boards Moderated 0
Alias Born 04/01/2000

ypsiCPA

Member Level

Re: GhostMOMENTUM post# 515

Wednesday, 03/02/2011 7:32:56 PM

Wednesday, March 02, 2011 7:32:56 PM

Post# of 585
Welcome WorkNoPlay (and thanks Cintrix!)

Capital Losses can offset Capital Gains without limit. For instance:

2010 $10,000 capital loss. $3000 offsets wages and other income, $7000 carried forward to 2011.

2011 $10,000 capital gain. $7000 of it is offset by the capital loss carryforward, $3000 of gain remains and will be taxed.

So here's to a successful, tax-sheltered 2011!
Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

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