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Long Term Capital Loss Carryover

By sawaldhalm

Taxes have been pretty much straight forward for me over the years.  The only exceptions being in itemized deductions.

This year a 1041 K-1 form brought a wonderful deduction and a Long Term Capital Loss Carryover figure with scant instructions.  The more I researched it the less I knew about it.

I just had to lock down and roll the numbers knowing I followed instructions to the T on schedule D.

I don’t know what I did but I’ve got a paper trail and I know how to use it!

This entry was posted on April 13, 2009 at 10:42 pm and is filed under BlahBlahBlah. 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.

One Response to “Long Term Capital Loss Carryover”

  1. The IRS Rocks! « Blah Blah Blah Et Cetera Says:
    May 30, 2009 at 9:54 am | Reply

    [...] The IRS Rocks! By sawaldhalm Well, I screwed up the Capitol Loss Carryover. [...]

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