H.R. 572 — To amend the Internal Revenue Code of 1986 to increase the limitation on capital losses applicable to individuals.

Summary

Amends the Internal Revenue Code to increase, from $3,000 to $8,250, the annual capital loss limit applicable to individuals. Provides for an annual inflation adjustment.

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Legislative Actions

2003-02-05
Introduced in House
2003-02-05
Introduced in House
2003-02-05
Referred to the House Committee on Ways and Means.

To amend the Internal Revenue Code of 1986 to increase the limitation on capital losses applicable to individuals.

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