Net short-term capital losses are used to offset
A) dividend income
B) long-term capital gains
C) 401(k) contributions
D) tax credits

Name: Net short-term capital losses are used to offset A) dividend income B) long-term capital gains C) 401(k) contributions D) tax credits
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Net short-term capital losses can only be used to offset long-term capital gains, not dividend income, 401(k) contributions, or tax credits.

Net Short-Term Capital Losses Are Used to Offset