Derby Trail Forums

Go Back   Derby Trail Forums > Main Forum > The Paddock
Register FAQ Members List Calendar Today's Posts

Reply
 
Thread Tools Display Modes
  #1  
Old 04-04-2010, 06:56 PM
Kildaretown Kildaretown is offline
Les Bois
 
Join Date: Mar 2007
Location: Salem, Ohio
Posts: 28
Default

My accountant told me the same thing----except when you read the tax court ruling it states in the last paragraph that losses across the year are only allowable if you itemize. The couple cited in this case did not itemize if I read the ruling correctly. That is the big difference I believe.
Reply With Quote
  #2  
Old 04-05-2010, 09:01 AM
Stickhorse's Avatar
Stickhorse Stickhorse is offline
Aqueduct
 
Join Date: Feb 2008
Location: Bako
Posts: 640
Default Sounds good to me.

When I reread it indeed it sounds like those of us that itemize can continue to write off sign ups.
Reply With Quote
  #3  
Old 04-05-2010, 09:22 AM
rpncaine's Avatar
rpncaine rpncaine is offline
Gulfstream Park
 
Join Date: Apr 2009
Location: Indianapolis
Posts: 1,233
Default

Thank God.
__________________
“Once there was only dark. If you ask me, light’s winning.”–Rust Cohle – True Detective
Reply With Quote
Reply



Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump


All times are GMT -5. The time now is 03:25 AM.


Powered by vBulletin® Version 3.6.8
Copyright ©2000 - 2025, Jelsoft Enterprises Ltd.