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meiscool meiscool
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3 years ago
If an indivdual 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.  Any excess losses over $3,000 may be carried back three years and carried forward five years.

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Textbook 
Federal Taxation 2017 Individuals

Federal Taxation 2017 Individuals


Edition: 30th
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TaekwoonTaekwoon
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3 years ago
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meiscool Author
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3 years ago
This helped my grade so much Perfect
dri
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Yesterday
Thanks
annielin111
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2 hours ago
Brilliant ツ
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