Tuesday, January 12, 2010

If I File Banjruptcy Will My Disability Be Affected If I Lost Money In The Stock Market Last Year And Had No Other Job Do I Need To File A Tax Return?

If I lost money in the stock market last year and had no other job do I need to file a tax return? - if i file banjruptcy will my disability be affected

I think to be fair, but if you invest in precious metals and make profits, not pay taxes.

2 comments:

SOUTH LAKE said...

Maybe not. However, you must file a return, so you can cancel any potential increase in the next two years. For example, if you lost $ 50,000 in 2009, but $ 50,000 earned in 2010, the year could use 2009, losses to wash their advantage to avoid all taxes for 2010.

Anonymous said...

South Lake is located on the right side.
You must enter your tax return this year of the loss. Even if you can not leave aside for the year 2009, you have one years later, under certain circumstances.

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