Examlex
Which business application uses electronic tags and labels to identify objects wirelessly over short distances?
Capital Loss Deduction
A tax deduction that allows individuals to offset their capital gains with any losses they incurred on investments in a given tax year.
Carryover
Unused tax credits or deductions that can be applied to future tax years to reduce tax liability.
Short-term Loss
A loss realized on the sale or exchange of an asset held for one year or less.
Long-term Loss
The loss realized from the sale of an asset held for more than one year, which can offset long-term gains for tax purposes.
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