Milton Manse, who has a salary of $50,000 during 2012, has a net long-term capital loss of $2,000 and a net short-term capital loss of $3,000 in 2012. What are his 2012 capital loss deduction and carryover?

Name: Milton Manse, who has a salary of $50,000 during 2012, has a net long-term capital loss of $2,000 and a net short-term capital loss of $3,000 in 2012. What are his 2012 capital loss deduction and carryover?
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the loss deduction is $3,000 and there is a LTCL carryover of $2,000.

Milton Manse, Who Has a Salary of $50,000 During 2012