ST Alpha - "Don't I get to write off the loss when the price of stock I own plummets? -- nm" (Reading a Post)

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Don't I get to write off the loss when the price of stock I own plummets? -- nm

Posted by Dr.Vermin (aka Dr.Vermin) Feb 12 '09, 21:24

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Responses:

When you *do* incur the loss you can deduct a maximum of $3,000 per year and any balance can be carried over. - MojaveMeg Feb 12, 22:27
not until you sell it. -- nm - mafic Feb 12, 21:25
not unless you cashed in and took a capital loss i would imagine -- nm - pigby Feb 12, 21:25 1
- Ahhhhhh... that makes sense. -- nm - Dr.Vermin Feb 12, 21:29

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