Search Help

Enter one of more keywords to search. Use quotes for “exact phrase.” Note that '*' and '?' wildcards are supported.

When your search results appear, you can refine your search further: Sort for only results in which all search terms appear AND/OR sort by chronological order.

Article Date:
May 2007

Word Count:



Day Trading Produces Capital Losses

In addition to his medical practice, Shahrooz S. Jamie, a licensed physician in Clay County, West Virginia, engaged in business as a day trader of securities, buying and selling on his own account the same securities on the same day or within a few days. From losses sustained in his trading activity, Jamie claimed net operating loss (NOL) carryovers in the amounts of $545,907 in 2001 and $2,027,136 in 2002. He used the claimed NOL carryovers to offset the net ... Log in to view full article.

Log in to view full article
Already a subscriber?
Email Address


Log In

You'll be able to read the full article and get instant access to the last few issues of the Tax Reduction Letter

Not yet a subscriber?
with a money-back guarantee