To amend the Internal Revenue Code of 1986 to increase the limitation on capital losses to $10,500 and to index such limitation to inflation.

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to increase the limit on the deductibility of losses from the sale or exchange of capital assets for individual taxpayers to $10,500, adjusted for inflation after 2009 (50% of such amount for married individuals filing a separate tax return).…