You can guess the rest. Bad losses for 2007. So my limit for losses is 3K, if I understand (not even close to what I lost). How many years can you put that 3K on future returns? Will I ever get to claim all this? What's really lovely is having to pay taxes on money earned this year which is really just getting back what I lost last year. That's not fair at all. I would easily have qualified as a trader.. oops.