The $3,000 Limitation on Deducting Net Capital Losses Does Not

question 12

True/False

The $3,000 limitation on deducting net capital losses does not apply to a trust.

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Definitions:

Mode

The number that occurs most often in a collection of data.

Weighted Mean

An average in which each data point contributes to the final mean with a weight that reflects its importance or frequency.

Central Tendency

A statistical measure that identifies a single value as representative of an entire distribution, with the mean, median, and mode being common examples.

Variability

A statistical measure of the dispersion of data points in a data series around the mean.