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Author: undertaxed Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121061  
Subject: Capital Losses Carry-forward Date: 1/23/1998 3:31 AM
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This is my first time to post, so I'll start with an easy question. For how many years can capital losses be carried forward to off-set capital gains and/or income? For example, I had a net capital loss of
$20,000 in 1995. I carried forward $3000 of that in 1996 to off-set capital gains realized in 1996. Now, can I carry forward an addition $3000 of capital losses from 1995 to off-set capital gains and/or income from 1997 - or is that money gone forever?

Thanks.
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