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    Federal Taxation
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    Exam 14: Property Transactions: Capital Gains and Losses, Section 1231, and Recapture Provisions
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    An Individual Taxpayer with 2018 Net Short-Term Capital Loss of $5,000
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An Individual Taxpayer with 2018 Net Short-Term Capital Loss of $5,000

Question 78

Question 78

True/False

An individual taxpayer with 2018 net short-term capital loss of $5,000 generally can deduct up to $3,000 for AGI and carry the balance forward to 2019.

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