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#6
06-09-2005, 05:14 PM
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 Re: Where does a Sec 1244 stock loss go on return? David Woods, EA, ChFC, CLU wrote: - quote - > "Harlan Lunsford" <lunstax[at]belllsouth.net> wrote:
Ah, but of course. Here I was thinking you were saying> > David Woods, EA, ChFC, CLU wrote: > > > "Cherrybounce" <chdavi15[at]hotmail.com> wrote: > > > > Exactly where on your return do you put this? Itemized > > > > deduction? Schedule D? > > > No simple answer. Maybe 4797, maybe D, depends on the > > > numbers involved. > > Uh.... ah... "depends on the numbers imvolved?" > > > Please elaborate. > Loss up to the applicable limit goes on Form 4797. Beyond > that it goes on Sch D. "either/or". But of course I've never had a client with losses THAT big. Do have client taking 3,000 per year for the next 28 years! ChEAr$, Harlan Lunsford << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#5
06-07-2005, 07:12 AM
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| Re: Where does a Sec 1244 stock loss go on return? "Harlan Lunsford" <lunstax[at]belllsouth.net> wrote: - quote - > David Woods, EA, ChFC, CLU wrote:
Loss up to the applicable limit goes on Form 4797. Beyond> > "Cherrybounce" <chdavi15[at]hotmail.com> wrote: > > > Exactly where on your return do you put this? Itemized > > > deduction? Schedule D? > > No simple answer. Maybe 4797, maybe D, depends on the > > numbers involved. > Uh.... ah... "depends on the numbers imvolved?" > Please elaborate. that it goes on Sch D. -- David M. Woods, EA, ChFC, CLU Woods Financial Services Norwood, MA 02062 www.woods-financial.com << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#4
06-06-2005, 08:23 AM
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| Re: Where does a Sec 1244 stock loss go on return? David Woods, EA, ChFC, CLU wrote: - quote - > "Cherrybounce" <chdavi15[at]hotmail.com> wrote:
Uh.... ah... "depends on the numbers imvolved?"> > Exactly where on your return do you put this? Itemized > > deduction? Schedule D? > No simple answer. Maybe 4797, maybe D, depends on the > numbers involved. Please elaborate. ChEAR$, Harlan Lunsford, EA in LA << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#3
06-02-2005, 10:59 PM
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| Re: Where does a Sec 1244 stock loss go on return? "Cherrybounce" <chdavi15[at]hotmail.com> wrote: - quote - > Exactly where on your return do you put this? Itemized
No simple answer. Maybe 4797, maybe D, depends on the> deduction? Schedule D? numbers involved. -- David M. Woods, EA, ChFC, CLU Woods Financial Services Norwood, MA 02062 www.woods-financial.com << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#2
06-01-2005, 10:23 AM
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| Re: Where does a Sec 1244 stock loss go on return? "Cherrybounce" <chdavi15[at]hotmail.com> wrote: - quote - > Exactly where on your return do you put this? Itemized
Form 4797.> deduction? Schedule D? -- Tom Healy, CPA Boulder, CO Web: http://www.tomhealycpa.com << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#1
06-01-2005, 09:45 AM
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| Re: Where does a Sec 1244 stock loss go on return? Cherrybounce wrote: - quote - > Exactly where on your return do you put this? Itemized
Neither. But see instructions for form 4797.> deduction? Schedule D? ChEAr$, Harlan Lunsford, EA n LA << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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06-01-2005, 09:44 AM
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| Re: Where does a Sec 1244 stock loss go on return? That would be on Line 10 of Form 4797. You can read the instructions at http://www.irs.gov/pub/irs-pdf/i4797.pdf... << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#-1
05-31-2005, 05:51 AM
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| Where does a Sec 1244 stock loss go on return? Exactly where on your return do you put this? Itemized deduction? Schedule D? << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
| Tags |
| 1244, loss, return, sec, stock |
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