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| Subject: capital loss vs capital gain | Date: 10/8/2000 3:22 PM | |
| Author: ajmayhew | Number: 40688 of 118611 | |
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Hello I need to know if I can deduct dollar for dollar my long term capital gains against my short term capital loss. I know that long term capital gains are figured at 20% of the profit. But can I also deduct my short term capital losses at the 20% rate? Thanks in advance Alan |
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