Wednesday, April 13, 2011 12:28:28 PM
If you actually make money in a given year the IRS wants all there taxes paid right away...but if you lose money they cap you at $3k per year deduction. A little unfair.
Years ago I made about 60k in investments...had to pay a butt load in taxes that year. The following year I lost a large portion of it and have had a 3k tax deduction ever since.
Pretty messed up...now I am back playing around again. Even worse it is in pinkie land. I guess I just like the game.
Go HESG...help me out!!!
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