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For 2013, Sherri has a short-term loss of $2,510 and a long-term loss of $5,100. a. How much loss can Sherri deduct in 2013? Deductible

For 2013, Sherri has a short-term loss of $2,510 and a long-term loss of $5,100.

a. How much loss can Sherri deduct in 2013?

Deductible loss:

b. How much loss will Sherri carryover to 2014, and what is the character of the loss carryover?

Long-term capital loss:

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