Can a $10,000 forex loss in 2008, be carryforward in $3000 increments for each tax year return?
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This entry was posted on Sunday, March 1st, 2009 at 6:44 am and is filed under forex trading. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
March 1st, 2009 at 6:44 am
yes.
I loss $44,000 in investment property this year. I have to carry $41,000 over and write off $3000 a year…or until I have a big gain to put against it.
Consult a tax accountant for clarification