Send to a Friend

danclements's avatar

What happens when you report a loss on your income tax?

Asked by danclements (82points) November 18th, 2008

Looks like I am going to take a hit this year with my portfolio, what happens when I report a loss on my income tax? I know the government won’t give me money, is it just a loss?

Using Fluther

or

Using Email

Separate multiple emails with commas.
We’ll only use these emails for this message.