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During the current year, the individual has the following sources of income: employment $127,836, capital gains $34,435, capital losses $23,159. The individual has a net
During the current year, the individual has the following sources of income: employment $127,836, capital gains $34,435, capital losses $23,159. The individual has a net capital loss carryforward of $18,614 from a prior year. What is the taxable income of the individual for the current year?
Is it plus or minus or no impact?
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