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During the current year, Big Bad Wolf had the following transactions: Short-term capital loss (3,400) Short-term capital gain 2,000 Long-term capital gain 4,100 Long-term capital
During the current year, Big Bad Wolf had the following transactions: Short-term capital loss (3,400) Short-term capital gain 2,000 Long-term capital gain 4,100 Long-term capital loss (6,000) Long-term capital loss carryover from last year ( 500) What is the amount of his capital loss deduction for the current year tax return? What is the amount of his capital loss carryover
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