Elite Pharmaceuticals Inc (ELTP): If you have net short term gains, you pa...

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Re: Dr_Thorfin post# 6932

Wednesday, 06/01/2011 5:41:29 PM

Wednesday, June 01, 2011 5:41:29 PM

If you have net short term gains, you pay taxes... If you lose more than you make, you can deduct $3000 per year. If you lose sometime and win sometimes, it's the net that counts... Hope that is helpful!

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