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#1
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If I owe taxes on 25K of poker income but have a carry over loss in the stock market of 25K, can these offset ?
Hoping we have a tax guy around [img]/images/graemlins/grin.gif[/img] |
#2
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[ QUOTE ]
If I owe taxes on 25K of poker income but have a carry over loss in the stock market of 25K, can these offset ? [/ QUOTE ] No. |
#3
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No, but the good news is you can use them $3K/year and carry them forward indefinately until they are used up.
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