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    3. stock purchased on 3/20/2008 for 40,000; sold on 9/15/2008 for 25,000; can this loss be deducted in full as business loss or otherwise on 2008 return?
    stock purchased on 3/20/2008 for 40,000; sold on 9/15/2008 for 25,000; can this loss be deducted in full as business loss or otherwise on 2008 return?

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    0  Views: 382 Answers: 2 Posted: 14 years ago
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      2 Answers

      The rest of the loss is carryed over at $3000 each year until gone.
      14 years ago. Rating: 0
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        U can only take a $3000 loss on stock.
        14 years ago. Rating: 0
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