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BDkeg

03/31/10 10:41 PM

#92309 RE: k9painter #92306

well i mean there is a lot of little things, but nothing that i can think of as a huge write off (commissions, computer, equipment, software/hardware)

also the standard marriage deduction of 11k or so...lots of little things that add up :)
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kolchakil0

03/31/10 11:32 PM

#92357 RE: k9painter #92306

Well if you have alot of net capital losses from trading in prior years you can carry those capital losses forward to deduct from your current years gain from any sales of stocks.

I myself am hoping to benefit from this since I had some bad losses several years ago.