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An individual has a net long-term capital gain of $3,000 and a net short-term capital loss of $5,000 from capital assets sold during the year.

An individual has a net long-term capital gain of $3,000 and a net short-term capital loss of $5,000 from capital assets sold during the year. How much of the gain would be available for the special reduced tax rate?

1) $0

2) $3,000

3) $5,000

4) $8,000

5) None of the above

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