If you make a tax loss in an income year you can carry it forward and deduct it in future years against income for tax purposes. Certain deductions cannot be used to contribute to a loss.
Indio, California. Indio is a city in Riverside County, California, United States, located in the Coachella Valley of Southern California's Colorado Desert region. It lies 23 miles (37 km) east of Palm Springs, 77 miles (124 km) east of Riverside, and 127 miles (204 km) east of Los Angeles.
Indio was once referred to as the Hub of the Valley, the Chamber of Commerce jingle in the 1970s, and today the jingle is the City of Festivals because of all the special events held in town.n the California State Legislature, Indio is in the 28th Senate District, represented by Republican Jeff Stone, and in the 56th Assembly District, represented by Democrat Eduardo Garcia.