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What is Gordons capital loss deduction

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Reference no: EM132529357

Question - Gordon Grumps is married and ?les separately. During 2019, he had the following capital gains and losses:

STCL ($1,000)

STCG 1,900

STCL carryover from 2018 (200)

LTCG 600 LTCL (10,000)

Required - Gordon's taxable income is $6,000. What is Gordon's capital loss deduction for 2019 and his carryover?

Reference no: EM132529357

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