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Financial Planning / Tax Strategies


Subject:  Re: Capital Gains/Losses Date:  9/27/2000  6:08 AM
Author:  RooCat Number:  40352 of 124779

Max total allowable claim is over 3 years (right?). Thus 10K in losses would only allow 3 3K annual deductions.

Not true. Individuals and other noncorporate taxpayers may carry over a net capital loss for an unlimited time until the loss is exhausted.
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