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Author: Bob78164 Big red star, 1000 posts Old School Fool CAPS All Star Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121095  
Subject: Re: Capital Gains/Losses Date: 7/12/1999 5:08 PM
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devine1 writes:

Is there a limit on the amount of short/long term losses that can be used to offset gains in a given year? For example, gains $30,000 and losses of $10,000. Is the net result then $20,000 in gains?

I reply:

No and yes, in that order. :-) --Bob
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