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Financial Planning / Tax Strategies


Subject:  Re: Long Vs Short Term losses Date:  8/9/2001  2:08 AM
Author:  pmarti Number:  53193 of 127745

Is it more foolish to take $3000 off AGI in short or long term losses?

Short term losses are always as valuable from a tax standpoint as are long-term losses, and sometimes more valuable. If you have a turkey you want to unload, do it now.

Phil Marti
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