Page 38 - Filing Status for Individuals - Handbook
P. 38
Special Rules (5/5)
Rule 10 Rule 11 Need help
Your capital loss deduction If your spouse itemizes Our firm will help you in
limit is $1,500 (instead of deductions, you can’t planning and filing your
$3,000 on a joint return). claim the standard individual taxes including
deduction. If you can business taxes if
claim the standard applicable, reach out to us
deduction, your basic for 1 hour free discussion
standard deduction is half now!
of the amount allowed on
a joint return.
10 11
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