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Old 01-12-2004, 09:44 PM  
gornyhuy
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Join Date: May 2002
Location: Face Down in Pussy
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I think you are asking: "what happens if I manage to wiggle around and actually show a loss on my taxes" The answer is: you don't pay taxes because there is no profit, and you can carry forward any excess losses into next years taxes, and in fact you can carry forward most types of losses for up to 5 years.

However, you should see a tax attorney/accountant to get this straight.
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