500 Stocks
I lost $ 500 in stock sales in 2007, how will help me in my state or federal taxes?
incomes less than 20k of California
That depends on your level of taxes, what you had other income, and whether short or long term. For federal, long-term if it will save $ 25 – $ 75 on your taxes depending on their other income. If short term, likely to be in the same range, but could be a little more tax savings. The savings will be smaller than federal government, but there is no way of knowing how, without knowing your income.
Nasdaq, S&P 500, Stock Market Technical Analysis 11/14/07