What is capital loss definition
Define Capital Loss facts. Notion of capital asset. Up to $3,000 ($1,500 if married and filing a.

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Capital Loss Definition

What CAPITAL LOSS means: The loss from the sale or exchange of a capital asset. Up to $3,000 ($1,500 if married and filing a separate return) of net capital loss is deductible annually with the excess carried forward to future years. Losses on personal-use assets are not deductible.

How works Capital Loss meaning in Tah definition C .