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    Federal Taxation
  4. Exam
    Exam 14: Property Transactions: Capital Gains and Losses, section 1231 and Recapture Provisions
  5. Question
    An Individual Taxpayer with 2015 Net Short-Term Capital Loss of $5,000
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An Individual Taxpayer with 2015 Net Short-Term Capital Loss of $5,000

Question 28

Question 28

True/False

An individual taxpayer with 2015 net short-term capital loss of $5,000 generally can deduct up to $3,000 for AGI and carry the balance forward to 2016.

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