on 911 Exclusion Capital Losses 15,638. 15,638. Capital Gains Tax Adjustment Total Income - Form 1116 953,947. 932,811. 21,136. Deductions: Business/Profession Expenses 99,490. 99,490. Rent/Royalty Expenses Partnership/S Corporation Losses 269,498. 269,498. Trust/Estate Losses 3,922. 3,922. Capital