Dave and Jane File a Joint Return

question 57

True/False

Dave and Jane file a joint return. They sell a capital asset at a $150,000 loss. Even though they have no capital gains, $6,000 of the loss can still be deducted in the current year.

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Definitions:

Sensor

A device that detects or measures a physical property (such as temperature, light, pressure) and records, indicates, or otherwise responds to it.

Photoelectric Sensors

Devices that detect objects, changes in light intensity, or proximity by emitting and receiving light.

Phototransistor

A semiconductor device that detects light and converts it into an electrical signal, used in various sensing and light detection applications.

Strain Gauge

A sensor whose resistance varies with applied force; it's used in mechanical engineering to measure strain on an object.