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4. The previous tax year, Brian had a long-term loss of $4,500 and he claimed the maximum long- term loss allowed ($3,000) on Schedule D.

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4. The previous tax year, Brian had a long-term loss of $4,500 and he claimed the maximum long- term loss allowed ($3,000) on Schedule D. What is the amount of long-term gain or loss Brian will be able to claim on Schedule D this year after using the carryover loss from the previous year? a) ($15) loss b) $15 gain c) ($606) loss d) $576 gain

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