To better understand the rules for offsetting capital losses and how to treat capital losses...
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Accounting
To better understand the rules for offsetting capital losses and how to treat capital losses carried forward, analyze the following data for an unmarried individual for the period 2018 through 2021. No capital loss carryforwards are included in the figures. Requirement For each year, determine AGI and the capital losses to be carried forward to a later tax year. (If an input field is not used in the table leave the input field empty, do not enter a zero. Enter loss amounts as a positive number.) 2018 AGI (excluding property transactions) STCG STCL LTCG LTCL AGI (including property transactions) STCL to be carried forward LTCL to be carried forward 52,000 2,000 10,000 8,500 4,750
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