tag:blogger.com,1999:blog-30128229.post5229555835296928918..comments2023-09-30T07:11:55.493-06:00Comments on MarketFN.com: Year End Tax PlanningInvestment Househttp://www.blogger.com/profile/14771320644915759241noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-30128229.post-11803232156554782302010-11-21T09:37:55.075-07:002010-11-21T09:37:55.075-07:00Thanks for pointing that out John. I do not know t...Thanks for pointing that out John. I do not know that the law changed in 2010 and you are quite probably correct. As I mentioned in the article, it is important to seek tax advice from a tax professional and definitely not rely on me for tax advice. I only wanted to point out that these issues, in general, might well be investigated before year end.<br />Bill KraftBill Kraft, MarketFN.comhttps://www.blogger.com/profile/08274803638438137352noreply@blogger.comtag:blogger.com,1999:blog-30128229.post-48855869258923394302010-11-20T09:55:02.295-07:002010-11-20T09:55:02.295-07:00Thank you Bill for all your insights in these arti...Thank you Bill for all your insights in these articles. I read them religiously every week and have done so for years. I just want to point out that I think one of your statements in this week's article is incorrect. You said "It is my understanding that short term losses can be set off against short or long term capital gains but not against "income."" Short term losses up to $3000 exceeding any capital gains can be offset against income at least for 2009. Did the law change for 2010?John Watsonnoreply@blogger.com