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    Federal Taxation
  4. Exam
    Exam 8: Property Transactions: Capital Gains and Losses, section 1231, and Recapture Provisions
  5. Question
    An Individual Taxpayer with 2013 Net Short-Term Capital Loss of $5,000
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An Individual Taxpayer with 2013 Net Short-Term Capital Loss of $5,000

Question 124

Question 124

True/False

An individual taxpayer with 2013 net short-term capital loss of $5,000 generally can deduct up to $3,000 for AGI and carry the balance forward to 2014.

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