April 10th, 2009 by Questions
I have capital losses from trading common stock and I wish to know if my capital losses are carried over after bankruptcy?
Posted from: British Columbia
April 12, 2009 at 10:54 pm, Barton Goth - Goth & Company Inc. -Trustee in Bankruptcy said:
Your capital losses and any other tax credit you may have compiled expire as of the date of bankruptcy. So you will not be in a position where you can carry-forward any of these items past the pre-bankruptcy return that will be prepared by your trustee.
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