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Ling earned $27,000 last year. She had $15,000 in taxable capital gains and $46,000 in allowable capital losses. How much of her allowable capital loss

Ling earned $27,000 last year. She had $15,000 in taxable capital gains and $46,000 in allowable capital losses. How much of her allowable capital loss can she deduct this year ?

a. $42,000

b. $15,000

c. $23,000

d. $46,000

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