| 31. | You obviously are confusing tax deductions with capital losses.
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| 32. | The college suffered severe human and capital losses during the plague of 1710, but recovered.
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| 33. | But at least the capital loss would not evaporate.
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| 34. | Capital losses from prior years can be brought forward.
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| 35. | Rules regarding capital losses are also expected to change.
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| 36. | You get the capital losses and the stock.
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| 37. | However, capital losses cannot be offset against income.
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| 38. | But capital losses cannot be deducted from ordinary income above a $ 3, 000 annual limit.
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| 39. | People obviously can deal with capital loss if employment and income are sort of still there.
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| 40. | If you decide to sell, report your capital losses on Schedule D of the tax forms.
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