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Author: powertrader77 Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121150  
Subject: Tax tips for Newbie? Date: 2/22/2000 1:35 AM
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Hello All,
I need some help on filing tax. I am a college students whose status are dependent to parents. My salaries for 1999 exceed $4300(Maximum Standard Deduction for Dependent Single). Therefore, I will receive only 1/3 of refund under my tax bracket. However, I have capital loss of $1800 plus $500 of commission. Can I reports these capital loss to increase my deduction? How? What form should I use? I have only used 1040EZ bofore. Can I carry over part of loss to next year? What if I just file 1040EZ and forget about additional deduction and capital loss? Do you think IRS is still going to stick their neck? Any info will be welcome. Thank you for your time.

James
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