Question: In 2 0 2 3 , Lilitha had a $ 1 2 , 0 0 0 net short - term capital loss and deducted $

In 2023, Lilitha had a $12,000 net short-term capital loss and deducted $3,000 as a capital loss deduction. In 2024, Lilitha has a $16,0000%/15%/20% long-term capital gain and no other capital gain or loss transactions. Which of the following statements is true?

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