The § 382 limitation on the use of capital loss carryovers is triggered when there is a change in ownership of more than 50 percentage points for shareholders owning at least 5% of the stock.

Question

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This is the correct definition of the § 382 limitation on the use of capital loss carryovers. It is triggered when there is a change in ownership of more than 50 percentage points for shareholders owning at least 5% of the stock.

The § 382 Limitation on the Use of Capital Loss