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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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