Which of the following statements is true regarding capital losses?

Select one:

a.

An individual's capital loss deduction is limited to capital gains.

b.

A "C" corporation's capital loss deduction is limited to its capital gains.

c.

An individual's capital loss deduction is limited to capital gains plus up to $10,000 ordinary income.

d.

An individual's capital loss deduction is limited to capital gains plus up to $3,000 ordinary income.

e.

Two of the above statements are correct.