KAMABLA Harris thinks this is a position to run on. Her fucking middle class neighborhood would have never existed under her policy of idiocy.
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If I "realize" a loss on a previous "unrealized" gain does that mean I get a refund?
Don't be silly. They will give you credit of 3 grand a year until you are even. If you don't have any new gains you are shit out of luck.
Does that sound familer?
No, it doesn't, but I'm not surprised.
The house never loses.
If you lose on stocks now,you can only deduct 3 grand a year.
I think 300 would be more in line here.
They are probably tired,of the poors in their market.
Not on your life.
You don't get a refund. You get a credit. Every expat knows the horrors of having overseas retirement accounts and mutual funds which are taxed this way. Don't think for a minute this "mark-to-market" accounting is unprecedented in the tax code.
Exactly! It's totally not ever gonna be a thing for a rational thinking person. All I can say to her is, "Dumbass."