An individual taxpayer with 2018 net short-term capital loss of $5,000 generally can deduct up to $3,000 for AGI and carry the balance forward to 2019.

Name: An individual taxpayer with 2018 net short-term capital loss of $5,000 generally can deduct up to $3,000 for AGI and carry the balance forward to 2019.
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This statement is correct according to IRS rules on capital loss deductions for individual taxpayers. They can deduct up to $3,000 for AGI and carry the remaining loss forward to future tax years.

An Individual Taxpayer with 2018 Net Short-Term Capital Loss of $5,000