Gordon Grumps is married and files separately. During 2019, he had the following capital gains and losses:
Question:
Gordon Grumps is married and files separately. During 2019, he had the following capital gains and losses:
Gordon’s taxable income is $6,000. What is Gordon's capital loss deduction for 2019 and his carryover?
Transcribed Image Text:
STCL STCG STCL carryover from 2018 LTCG LTCL ($1,000) 1,900 (200) 600 (10,000)
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Related Book For
CCH Federal Taxation Basic Principles 2020
ISBN: 9780808051787
2020 Edition
Authors: Ephraim P. Smith, Philip J. Harmelink, James R. Hasselback
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