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Community: Investing Wiki

Term Of The Hour

investment loss carryforward: Original post by Michael Dreiser of Demand Media When reporting capital gains for tax purposes, investors are allowed to offset some of those gains if they have incurred any capital losses during the year. The Internal Revenue Code allows individual income taxpayers to write off $3,000 worth of capital losses each year. However, if you lost more than $3,000 you can carry over the losses to the…

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