Question: Choose the statement that is INCORRECT regarding a loss that is generated from the disposal or sale of assets for individuals. Losses from personal use

Choose the statement that is INCORRECT regarding a loss that is generated from the disposal or sale of assets for individuals.
Losses from personal use assets are deductible for AGI.
When capital losses exceed capital gains, up to $3,000 can be deducted for AGI.
Losses from capital assets are deductible against gains from capital assets.
Losses from business assets are deductible for AGI.
Choose the statement that is INCORRECT regarding a loss that is

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