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A security (stock or bond) that becomes worthless during the tax year is treated as if it had been sold on the last day of the tax year. If it is a capital asset, the resulting loss is usually a capital loss that is subject to various limits.

Capital losses first offset capital gains (both long term and short term) including the capital gain distributions from various mutual funds. And, if that does not use all of the losses, then $3,000 can be a deduction on page 1 of form 1040 (U.S. Individual Income Tax Return) with the excess carried over to future years.

A 47-year-old Carson City man was arrested Sunday, 12:49 a.m. in the area of Airport Road and Highway 50 on suspicion of misdemeanor DUI and open container in a vehicle, a Carson City sheriff’s deputy said.

According to the arrest report, an officer responded to a report of a man passed out in a running vehicle. Officers arrived to find a red two door sedan with the motor running and the man sitting in the driver’s seat with his head down.

Where to start? This weekend is chock-full of options. The local 4-H club is hosting their annual Fabric and Rummage Sale at Fuji Park. The Annual Feast of Chocolate, hosted by AAUW, is Saturday afternoon at the Plaza Event Center. The Vagina Monologues and One Billion Rising are both raising awareness this V-Day weekend for women’s issues.

Carson City Health and Human Services is offering extended walk-in immunization hours for those that have never been vaccinated against measles or are unsure of their vaccination status. Clinic hours at the 900 E. Long Street facility will be extended to 6 p.m. Thursday Feb. 19 and Feb. 26. No appointment needed.

At the MHJ Black Box Theater at the Brewery Arts Center.

Mixed Company will perform all of their fun dance cover music on February 20, 2015 at 7pm.

Come and dance to your favorite tunes - Rock 'n Roll, Country, Old and New!!!

Johnny, Dave, Keith, Perry and Jim will ROCK your World!!!!

Foodies & High Tea Bistro will have food/drinks sales available and you can order right from your table with texting to your wait person!

A bill submitted to Congress on Thursday would realign federal lands in Douglas County in Northern Nevada, opening some for development while creating a 12,330-acre scenic wilderness....

The Alta Alpina cycling club is hosting two weekend fun rides this weekend in the Carson Valley and Alpine County to help promote cycling and casual fun rides in and around the Carson Valley. All cyclists are welcome to join the group.

Gaby Avina, 12, is in her second season playing soccer in her neighborhood CPAC program.
“When I started I barely knew how to kick a ball,” she said. “I didn’t do anything right. But I felt a positive vibe. And now I feel like I’ve know everybody forever.”

A Carson City man was arrested late Wednesday and faces felony drug charges after an officer found approximately 4 grams of methamphetamine stashed inside chewing tobacco can, a Carson City sheriff's deputy said.
Arrested was Rodney Thomas Tinnes, 46. He faces charges of trafficking methamphetamine and possession of a controlled substance, both felonies.

Let Chili’s do the cooking today, Thursday, Feb. 12, and support a Carson Valley woman who is recovering from an accident.
Today from 11 a.m. to 10 p.m. Chili’s at 3784 Highway 395 will donate 15 percent of the event sales to the Alisa Merino Give Back event. Just print out the flier above and present it to your Chili’s server.

First things first. Valentine’s Day is rapidly approaching, so I’m reminding you to make reservations for your favorite restaurant if you haven’t already. Check out the Carson Mall’s Craft Fair and Gift Sale or any of Carson City’s great shops like Artsy Fartsy Art Gallery, Evergreen Gene’s, Morley’s Books, the Artisan Store at the Brewery Arts Center or Purple Avocado for something special for that special someone.

Here is this week's fishing report for rivers, lakes and streams in Nevada and Northern California. This report is for the week of Feb. 11, 2015 and beyond.

The Carson City Symphony invites the public to a concert celebrating the seasons on Sunday, March 1, 2015, at 4 p.m. at the Carson City Community Center.
This exciting program features eight seasons: "The Four Seasons" by Antonio Vivaldi and "The Four Seasons in Buenos Aires" by Astor Piazzolla. Both are directed by David Bugli and feature guest violin soloist Stephanie Sant'Ambrogio and narrator Rita Geil. STRAZZ youth strings will join the orchestra in Vivaldi's Autumn and Winter.

Looking to meet your match made in heaven? Why not try Furry Speed Dating? This unique event pairs people and pets during a true — you guessed it — speed dating affair.

Join Nevada Humane Society on Saturday, Feb. 14 to meet some of the most eligible dogs and cats in the shelter. They’ll put their best paw forward and try to impress prospective adopters who will meet multiple eligible furry bachelors and bachelorettes with the goal of falling in love.

Tough two-span bridge still usable after severe shaking in quake engineering test
New innovative design and materials shaken at University of Nevada, Reno’s Earthquake Engineering Laboratory

Here is this week's Carson City area road report from the public works department for Feb. 9-15: Beginning, Tuesday, Feb. 10, through Thursday, Feb. 12, there will be intermittent lane closures along Carson Street between William Street and Fifth Street during daytime hours due to survey work for the Downtown Streetscape Project.

In addition, on Sunday, Feb. 15, Carson Street will be completely closed between William Street and Musser Street from 8:30 a.m. to 3:30 p.m. Detours will be signed.

Another Pacific storm will move into the Sierra this afternoon through Monday, according to the National Weather Service. Travelers can expect impacts over mountain passes through Monday. Rain is expected to reach the Carson City region by this afternoon.

Forecasters haven’t advised of any high winds for the Carson City, Carson Valley and Dayton areas. In the Sierra, winds gusts of 45 mph are expected with this system, with a quick burst of gusts up to 50 mph right along the storm front.

The 5th annual CHS Safe and Sober 5k Run/Walk was a tremendous success with turn-out of 113 participants. The weather cleared up this morning and with just a bit of wind at race time, we couldn’t have asked for more perfect weather, maybe even a sunburn.

The complete race results can be found by clicking here. Thanks to the Tahoe Mountain Milers who provided the chip-set timing system, and special thanks to Steve Lang for setting up and running the system.

Lake Tahoe area ski resorts report anywhere from 8 to 24 inches of new snow from the first wave of storms to hit the Sierra Friday and Saturday. Another storm is expected to arrive late Sunday.

Sierra-at-Tahoe reports 10 inches of new snow in the past 24 hours. Heavenly received anywhere from 4 to 8 inches of snow overnight allowing them to open two new runs, High Five and Double Down.

Little to no rain in January doesn’t bode well for trees and shrubs this spring and summer. Unless you provide them with the water lacking from Mother Nature, you probably will see plants dying back on top or losing limbs and branches. This is particularly true for plants such as birches and roses or for those newly planted this past year.

Looks like our rain and snow dances finally did the trick, but don’t let the weather scare you away from downtown this weekend. The Downtown Business Association’s Wine Walk, Artsy Fartsy’s Annual Jewelry Sale, Just Brew It’s Annual Thirsty Boy Home Brew Competition, and Family Fun Day at the Nevada State Museum are all hoping to lure you out of your home. Leave your ice skates at home though, the Arlington Square ice rink has closed for the season.

UPDATE 5PM: From Douglas County Sheriff's Sgt. Pat Brooks: According to NV Energy’s website, they will be working to restore power to the area as quickly as possible. Estimation of when an effected area will be restored is unknown at this time. Updates can be reviewed at NvEnergy.com.

A new National Geographic Museum exhibition, Monster Fish: In Search of the Last River Giants, features the work of the University of Nevada, Reno’s research professor and host of the television show Monster Fish, Zeb Hogan. It opens March 26 at National Geographic’s Washington, D.C. headquarters and runs through Oct. 12, 2015.

United Latino Community invites the Carson City community to attend Immigration 101. The United States Citizenship and Immigration Services will present this program on Thursday, February 12, 2015, at 5:30 pm. at United Latino Community.
— Learn the process for applying for immigration benefits in the United States.
— How to become a U.S. citizen.
— How to legalize your status.
— What the United Stated Citizenship and Immigration Services can do for you.
— How you can petition for family members to come to the United States.
— How to apply for DACA.

In its ongoing campaign to educate area real estate agents and community members on the changing economic environment in Northern Nevada, the Reno Tahoe International Council will hold an Economic Forum this Thursday, Feb. 12, 2015.

Presented by the Sierra Nevada Alliance, South Tahoe Earth Day Committee and Patagonia South Lake Tahoe, the 10th Annual Wild & Scenic Film Festival South Lake Tahoe combines award-winning environmental and adventure films with the energy of local activism. Featured films will include exciting outdoor adventures, environmental battles and inspirational stories of people making a difference. The Film Festival will take place on Thursday, March 26, 2015 at the MontBleu Showroom.

Carson City, Douglas and Lyon counties are among 12 that have been designated as primary natural disaster areas because of the ongoing drought, the U.S. Department of Agriculture announced this week.

February 9 marks a special day in the life of yours truly. It is my four year anniversary, writing about the Great Outdoors at Internet website Carson Now. Four years!

Time certainly flies when you are having fun, and it has been an enjoyable and memorable four years of writing (together with Elaine's photos) about all kinds of activities in the Great Outdoors, both near and far away.

A 67-year-old Carson City man was arrested Monday on felony suspicion of auto burglary after allegedly stealing a tool box from the back of a truck in the 400 block of Pratt Street, a Carson City sheriff’s deputy said.

Darrell Fisher also faces a misdemeanor charge of petit larceny after allegedly stealing a bicycle from a North Roop Street residence. He allegedly committed the crimes within an hour after being released from Carson City Jail, according to the arrest report.

Here is this week's fishing report for rivers, lakes and streams in Nevada and Northern California. This report is for the week of Feb. 4-10, 2015.