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From: ashby@uiucdcsp.cs.uiuc.edu
Newsgroups: net.taxes
Subject: Capital Losses Deductible?
Message-ID: <16500005@uiucdcsp>
Date: Sun, 28-Sep-86 14:22:00 EDT
Article-I.D.: uiucdcsp.16500005
Posted: Sun Sep 28 14:22:00 1986
Date-Received: Tue, 30-Sep-86 20:36:05 EDT
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Nf-ID: #N:uiucdcsp:16500005:000:195
Nf-From: uiucdcsp.cs.uiuc.edu!ashby    Sep 28 13:22:00 1986


I understand that capital gains (on stocks, eg) will be taxable
as regular income under the new tax plan.  But how about capital
losses?  Are they still deductible, and if so, how much?  Thanks.