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The maximum amount of net capital losses individual taxpayers may deduct against their ordinary income per year is: $3,000 $5,000 Zero, losses are not deductible
The maximum amount of net capital losses individual taxpayers may deduct against their ordinary income per year is:
$3,000
$5,000
Zero,
losses are not deductible
There is no maximum. All losses are allowed to be deducted
None of the choices are correct.
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