HR 2049 · 112th Congress · Taxation

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.

Introduced 2011-05-26· Sponsored by Rep. Sensenbrenner, F. James, Jr. [R-WI-5]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2011-05-26)

Plain Language Summary

[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 (50% of such amount for married individuals filing a separate tax return), adjusted for inflation after 2011.…

Summarized by Claude AI · Non-partisan · For informational purposes only