USCPA每日一练之REG【2015-11-18】

高顿网校2015-11-18 16:03Lynn.yu
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USCPA保姆级入门攻略（全科考点解析+新手必看一本通+备考白皮书），助你快速过

　　An individual reports the following capital transactions in the current year:

　　Short-term capital gain $1,000

　　Short-term capital loss $11,000

　　Long-term capital gain $10,000

　　Long-term capital loss $6,000

　　What amount is deducted in arriving at adjusted gross income?

　　A. $10,000

　　B. $6,000

　　C. $3,000

　　D. $0

　　Answer:C

　　This answer is correct. An individual taxpayer can deduct up to $3,000 of net capital loss in computing AGI. Here, there is a net short-term capital loss of $10,000, and a net long-term capital gain of $4,000, resulting in a net capital loss of $6,000. $3,000 of the net capital loss can be currently deducted, with the remaining $3,000 of short-term capital loss carried forward.

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