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Other Fields Homework Help Accounting Topic started by: Augustus1 on Jan 9, 2017



Title: If the taxpayer's net long term capital losses exceed the net short-term capital gains, the excess ...
Post by: Augustus1 on Jan 9, 2017
If the taxpayer's net long term capital losses exceed the net short-term capital gains, the excess may be offset against ordinary income up to $3,000 per year, but the excess over $3,000 may be carried over indefinitely.


Title: Re: If the taxpayer's net long term capital losses exceed the net short-term capital gains, the ...
Post by: Yoko900 on Jan 9, 2017
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Title: Re: If the taxpayer's net long term capital losses exceed the net short-term capital gains, the excess ...
Post by: Augustus1 on Mar 19, 2017
I needed this so bad, I'm laughing right now from happiness