Tom smith had a short-term capital loss of 3000 in 2010 a


Question - Tom Smith had a short-term capital loss of $3,000 in 2010, a short-term capital gain of $1,900, a short-term capital loss carryover from 2010 of $700, a long-term capital gain of $1,800, and a long-term capital loss of $1,000. What is Tom's deductible loss in 2010?

$1,000

$1,800

$2,000

$3,000

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Accounting Basics: Tom smith had a short-term capital loss of 3000 in 2010 a
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