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Jerry Sweet had an $800 short-term capital loss and a $6,000 net long-term capital gain in the current tax year. Jerry also had another $500
Jerry Sweet had an $800 short-term capital loss and a $6,000 net long-term capital gain in the current tax year. Jerry also had another $500 short-term capital loss and an $8,000 long-term capital loss carryover from last year. What is Jerry's capital loss deduction for the current year?
a) $ 300 b) $3,000 c) $3,300 d) $5,300
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