The maximum capital loss that can be applied to ordinary income for income tax purposes in any one year is $3000.

Name: The maximum capital loss that can be applied to ordinary income for income tax purposes in any one year is $3000.
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The IRS allows individuals to deduct up to $3,000 ($1,500 if married filing separately) of capital losses against ordinary income per year. Any loss exceeding this limit can be carried forward to future years.

The Maximum Capital Loss That Can Be Applied to Ordinary