To better understand the rules for offsetting capital losses and how to treat capital losses carried forward,
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2015 2016 2014 2017 AGI (excluding property transactions) $40,000 4,000 $70,000 10,000 12,000 6,000 9,500 $50,000 5,000 $60,000 7,000 5,000 2,200 STCG 3,000 10,000 21,000 9,000 6,000 5,000 LTCG 1,000 AGI (including property transactions) STCL to be carried forward LTCL to be carried forward
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Related Book For
Federal Taxation 2018 Comprehensive
ISBN: 9780134532387
31st Edition
Authors: Thomas R. Pope, Timothy J. Rupert, Kenneth E. Anderson
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