The Motley Fool Discussion Boards

Previous Page

Financial Planning / Tax Strategies

URL:  http://boards.fool.com/matching-gains-to-losses-10751977.aspx

Subject:  Matching Gains to Losses Date:  4/9/1999  2:05 PM
Author:  vkmath Number:  14183 of 121144

I have LT gains, ST Gains, ST Losses and a loss carry foward from the previous tax year as listed below:

LT Gains: $14,000
ST Gains: $ 1,200
ST Loss: $ 4,000
Tax Loss carry foward: $4,100

How do I net my losses against the two different types of gains? How is the carry foward applied and can it all be used this year? Thank you.


Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us