Question 9 of 15.
Review the following scenario. Then, determine the taxpayer's carryover loss (the amount eligible to be carried over to future tax years).
On September 29, 2022, Lauren sold shares of AlIC stock that she had initially purchased on March 8, 2022. She had a capital gain of \$2,000 from the sale of this stock. The same day she sold the shares of AIC, she also sold shares of DEF stock that she had acquired on March 30, 2022. Unfortunately, DEF did not perform well, and Lauren incurred a \$46,000 loss at the time of sale. Lauren does not have any other capital gains or losses, and her only other income for the year consisted of \$78,000 in wages. She has no prior-year carryover losses, and she will use the single filing status when she files her 2023 return. How much of the loss will Lauren carry over to the next tax year?
50
\$1,000
\$3,000
\$4,000
Mark for follow up
