s********0
发帖数: 2687 | 1 Mary , a single taxpayer, purchased 10,000 share of 1224 stock several years
ago at a cost of $20 per share. In November of the current year, Mary
received an offer to sell the stock for $12 per share. She has the option of
either selling all of the stock now or selling half of the stock now and
half of the stock in January of next year. Mary will receive a salary of $80
,000 for the current year and $90,000 next year. Mary will have long-term
capital gains of $8,000 for the current year and 10 | s********0
发帖数: 2687 | | b******4
发帖数: 70 | 3 sale of the whole stock 10,000*20-10,000*12=80,000 loss
if she sells all of her stock this year, 50,000 is ordinary loss(up to 50,000 for single,10,000 for joint), excess 30,000 is capital loss which is more than 8,000 long term capital gain, so the excess is deductible up to $3,000 per year from income, then AGI should be
first year
80,000
(50,000)deduct as ordinary loss
(3,000)deduct as short term capital loss
second year
90,000
(3,000)deduct as long term capital loss
if she sells half of her
【在 s********0 的大作中提到】
: Mary , a single taxpayer, purchased 10,000 share of 1224 stock several years
: ago at a cost of $20 per share. In November of the current year, Mary
: received an offer to sell the stock for $12 per share. She has the option of
: either selling all of the stock now or selling half of the stock now and
: half of the stock in January of next year. Mary will receive a salary of $80
: ,000 for the current year and $90,000 next year. Mary will have long-term
: capital gains of $8,000 for the current year and 10
| s********0
发帖数: 2687 | 4 I do not know why I can not use chinese in my LD's laptop.
I want to say perfect and you are a master.
It seems you have net the remaining 30,000(80.000-50,000) and the long term
capital gain which is 8,000 then you get to know how much we can deduct in
2008, right? In fact, the remaining deductible capital loss is 80,000-53,
000-8,000 before we make any deduction in 2009,right? In fact the remaining
deductible capital loss (80,000-53,000-8,000) is more than 10,000 capital
gain, so in 2009, the
【在 b******4 的大作中提到】
: sale of the whole stock 10,000*20-10,000*12=80,000 loss
: if she sells all of her stock this year, 50,000 is ordinary loss(up to 50,000 for single,10,000 for joint), excess 30,000 is capital loss which is more than 8,000 long term capital gain, so the excess is deductible up to $3,000 per year from income, then AGI should be
: first year
: 80,000
: (50,000)deduct as ordinary loss
: (3,000)deduct as short term capital loss
: second year
: 90,000
: (3,000)deduct as long term capital loss
: if she sells half of her
| b******4
发帖数: 70 | 5 kind of right
There is confusion about conception of "ordinary loss and capital loss, deductible and not deductible".
Capital losses are used first to offset capital gains.
If there is no capital gain, or capital loss > capital gain, you can deduct
the capital loss against your other income — up to a limit of $3,000 in one
year. If your overall capital loss is more than $3,000, the excess carries
over to the next year.
So here, excess in 2008(maybe is what you mean by "remaining deductible
capit
【在 s********0 的大作中提到】
: I do not know why I can not use chinese in my LD's laptop.
: I want to say perfect and you are a master.
: It seems you have net the remaining 30,000(80.000-50,000) and the long term
: capital gain which is 8,000 then you get to know how much we can deduct in
: 2008, right? In fact, the remaining deductible capital loss is 80,000-53,
: 000-8,000 before we make any deduction in 2009,right? In fact the remaining
: deductible capital loss (80,000-53,000-8,000) is more than 10,000 capital
: gain, so in 2009, the
| s********0
发帖数: 2687 | 6 非常感谢,小包子送上
deductible and not deductible".
deduct
one
carries
【在 b******4 的大作中提到】
: kind of right
: There is confusion about conception of "ordinary loss and capital loss, deductible and not deductible".
: Capital losses are used first to offset capital gains.
: If there is no capital gain, or capital loss > capital gain, you can deduct
: the capital loss against your other income — up to a limit of $3,000 in one
: year. If your overall capital loss is more than $3,000, the excess carries
: over to the next year.
: So here, excess in 2008(maybe is what you mean by "remaining deductible
: capit
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