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California 540 tax Please show how you get the answer Herman, a CA resident, was laid off from his job last year. To make ends
California 540 tax Please show how you get the answer
Herman, a CA resident, was laid off from his job last year. To make ends meet, he and his wife had to sell some of their stock portfolios in 2019. The stocks sold at a net loss of $3,500. What is the amount of capital loss carryover they will have for 2020?
b) $3,500 c) $ 0 d) $ 500
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