Summary: H.R.5212 — 107th Congress (2001-2002)All Information (Except Text)

There is one summary for H.R.5212. Bill summaries are authored by CRS.

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Introduced in House (07/25/2002)

Amends the Internal Revenue Code to increase, from $3,000 to $20,000 (and from $1,500 to $10,000 for a married individual filing a separate return), the limitation on capital losses an individual may deduct against ordinary income. Adjusts amounts for inflation.