John Battaglia
John Battaglia
John David Battagliais a convicted murderer on Texas death row...
carry february forward greater held longer loss net next position stock turn until wait
Say you have this stock that has a $10,000 short-term loss and you're in a position where you already have a net loss for greater than $3,000. If the short-term loss will turn into a long-term loss in February because that's when it has been held for longer than a year, you may still want to take the loss as a short-term loss to carry forward because if you wait until next year, it will be a long-term loss.
copies relevant return returns six tax themselves until
Anything that's relevant to your tax return I would keep until six years after you file, and I would keep copies of the tax returns themselves as long as possible.