Well, my tale of woe begins with me getting in at the peak of the bull run LOL. Anyway enough about that.
I have some losses and some gains (WOWSERS) but I have a question when it comes time to fill out the tax forms...
Once all my gains have sadly been offset by losses...do I keep adding the other losses to my tax return for the '07/'08 year (my first year of this wild ride)??? Does this then automatically roll them over for consequent years?
Or do I just offset my gains with the losses and only bring these losses onto the tax return in years when they are needed?