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IWETHEY Home / IWETHEY Board / Money, Financials, and Economics Forum / There are losses and there are "losses". How long should he be able to carry them forward?
Post #414,129
by Another Scott
10/2/16 1:47:54 AM
10/2/16 1:47:54 AM
Reply
New There are losses and there are "losses". How long should he be able to carry them forward?
Post #414,141
by boxley
10/2/16 11:20:03 AM
10/2/16 11:20:03 AM
Reply
New till his operating gains equal the loss, otherwise you are taxing me when I lose money
always look out for number one and don't step in number two
Post #414,142
by boxley
10/2/16 11:44:09 AM
10/2/16 11:44:09 AM
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New look at who else doesnt pay taxes
always look out for number one and don't step in number two
Post #414,144
by Another Scott
10/2/16 12:50:52 PM
10/2/16 12:50:52 PM
Reply
New The NY Times is running for President on its great business acumen? Interesting. (roll-eyes)
     ok I am confused, if I lose 900 million dollars I cannot take that loss out of my taxes? - (boxley) - (6) - Oct. 2, 2016, 12:32:53 AM EDT
         There are losses and there are "losses". How long should he be able to carry them forward? -NT - (Another Scott) - (3) - Oct. 2, 2016, 01:47:54 AM EDT
             till his operating gains equal the loss, otherwise you are taxing me when I lose money -NT - (boxley) - Oct. 2, 2016, 11:20:03 AM EDT
             look at who else doesnt pay taxes - (boxley) - (1) - Oct. 2, 2016, 11:44:09 AM EDT
                 The NY Times is running for President on its great business acumen? Interesting. (roll-eyes) -NT - (Another Scott) - Oct. 2, 2016, 12:50:52 PM EDT
         If they were capital losses, it's a max of $3K/per year with the rest is carried forward. - (a6l6e6x) - Oct. 2, 2016, 02:18:39 AM EDT
         No - (scoenye) - Oct. 3, 2016, 07:58:58 AM EDT

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