Question: 1 5 . Choose whether the following statement is true or false: Dave and Jane file a joint return. They sell a capital asset at

15. Choose whether the following statement is true or false: Dave and Jane file a joint return. They sell a capital asset at a $150,000 loss. Even though they have no capital gains, $6,000 of the loss can still be deducted in the current year. F. Individual taxpayers may deduct up to $3,000 of net capital losses against ordinary income in a given year.

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