In the current year, Linda is a single filer who had taxable income of $30,000. She incurred
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In the current year, Linda is a single filer who had taxable income of $30,000. She incurred a $5,000 net short-term capital loss (STCL) and a $5,000 net long-term capital loss (LTCL). What is her LTCL carry over, if any, to the following year?
Related Book For
Income Tax Fundamentals 2015
ISBN: 9781305177772
33rd Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven Gill
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