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Learning from Presidential candidate tax returns

Started by stevesheets, April 18, 2019, 05:01:21 PM

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stevesheets

I enjoy looking at the Presidential candidate tax return disclosures, hoping to find strategies that the wealthier and politically savvier use.  I saw a couple interesting things, was curious if anyone had any insights on them.

For example - Is there some strategy for generating extra long term tax loss carryforward?  I'm shocked that Beto has almost $1.5mm of tax loss carryforward.  Or is that just run of the mill capital loss from selling stocks below purchase price...
https://betoorourke.com/tax-returns/

Also, Elizabeth Warren has a large net worth and plenty of investments according to recent disclosures (insert link to Sam's 4/9 post on the topic), but her 2018 filing only has $1,351 in taxable dividend income.  Am I missing some strategy to avoid paying tax on dividends?
https://elizabethwarren.com/tax-returns/

Sam

 Fascinating stuff! I got a look into that $1.5 million in carryforward losses. That is good planning, but man, how bad of an investor do you have to be or business operator to have that much in losses?
Regards,

Sam