G gms Nov 20, 2003 #21 Quote from jwishcamper: Then there is a further netting of those net figures to determine a final net figure called either "net capital gain" or "net capital loss." More... Yes, thank you, that's the part that seemed to me to be applying ST against LT and vice versa. Thank heavens for accountants and proctologists.
Quote from jwishcamper: Then there is a further netting of those net figures to determine a final net figure called either "net capital gain" or "net capital loss." More... Yes, thank you, that's the part that seemed to me to be applying ST against LT and vice versa. Thank heavens for accountants and proctologists.
