Which of the following statement is correct?
A. Dave and Jane file a joint return. They sell a capital asset at a $150,000 loss. Even though they have no capital gains, $6,000 of the loss can still be deducted in the current year.
B. Capital loss carryovers for individuals are carried forward indefinitely.
C. Qualified dividends are always taxed at a 15 percent preferential rate.
D. Investment expenses and investment interest expense are for AGI deductions
