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Problem
#95518

How much of Ruth’s $5,000 capital loss carries over to 2006?

29. For 2005, Ruth has gross income of $8,300 and a $5,000 long-term capital loss; she claims the standard deduction. Ruth is 35 years old and single with three dependent children.

How much of Ruth’s $5,000 capital loss carries over to 2006?

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