Health Sciences Group Inc (HESG)

[shakamac]

Don't be misleading...it is not a dollar for dollar exchange.

You are simply reducing your taxable income by that amount and thus being taxed on less. Not equal to your loss.

Given the opportunity I bet you would rather have your $3000 back.

I have taken the max $3000 a year for the last 10 years and would give anything to simply have that 30k back.

The deduction helps, but not equal to your loss.