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Post# of 28772
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Sunday, 02/05/2006 11:32:10 AM

Sunday, February 05, 2006 11:32:10 AM

Post# of 28772
Anyone know the answer to this tax question:

If you have stock losses that you want tax breaks from you need to earn enough revenue to be taxable and than deduct the losses from that revenue using the forms and tables in the 1040 personal tax forms correct ?

Stock losses can only save you on paying taxes from larger sources or revenue than what the loss is incurred ?

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