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  • Version 1.0
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  • File Size 316 KB
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  • Create Date December 2, 2024
  • Last Updated December 2, 2024

This guide provides detailed information about capital gains and losses for the 2024 tax year. It covers key topics such as capital asset classifications, holding periods, applicable tax rates, mutual fund basis calculation, and rules for wash sales. It also includes guidelines on capital loss limitations and carryovers, offering practical insights for taxpayers managing investments and tax reporting.