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givi [52]
3 years ago
11

John and Jill Jones sold stock that resulted in a short-term capital loss of $5,000. They had no other capital transactions duri

ng the year. Their taxable income was $10,000. How much of the capital loss is deductible on their joint return and how much must be carried over to the next year?
Business
1 answer:
sineoko [7]3 years ago
3 0

Answer:

nothing will be deducted from the capital lose

nothing will be carried over

Explanation:

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