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  3. Study Set
    Federal Taxation
  4. Exam
    Exam 7: Deductions and Losses: Certain Business Expenses and Losses
  5. Question
    A Nonbusiness Bad Debt Can Offset an Unlimited Amount of Long-Term
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A Nonbusiness Bad Debt Can Offset an Unlimited Amount of Long-Term

Question 96

Question 96

True/False

A nonbusiness bad debt can offset an unlimited amount of long-term capital gain.

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