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Is this for investment interest expense?
If so, you can take advantage of that interest by earning investment income to offset it.
Are dividend income investment income?
So, if I buy a lot of dividend paying stocks and earn dividend, will that help a lot?
Yes, dividends are investment income. Yes, earning a dividend will help you use up this loss.
I have about $300,000 from prior years that have been carried forward but I did not use that in 2012.
Ok. that helps.
You're welcome. Is there anything else I can help you with today?
I also understand that only qualifying dividends work in that case.
No, dividends that you get long term gain treatment on work too.
Ok thanks. Thanks for now.