<p>Capital losses are reported on Schedule D - are you saying you sold stocks or other investments at a loss of $400,000?</p>
<p>Business expenses/deductions are not capital in nature</p>
<p>Capital losses are reported on Schedule D - are you saying you sold stocks or other investments at a loss of $400,000?</p>
<p>Business expenses/deductions are not capital in nature</p>