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Financial Planning / Tax Strategies


Subject:  Re: Capital Loss Deduction and Strategy? Date:  4/18/2000  12:23 PM
Author:  KnowFoolishness Number:  34697 of 127753

It's only the NET capital loss that can't be deducted in one year if it exceeds $3,000. Also, don't forget that if your net capital loss exceeds $3,000, you can carry the excess loss forward.

Very true. For some reason, I thought it was $2000 for those of us that file as single. Is this incorrect?
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