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. Given below are Robert's capital gains and losses for three consecutive years. What is the carryover loss for Robert to start the beginning of

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. Given below are Robert's capital gains and losses for three consecutive years. What is the carryover loss for Robert to start the beginning of Year 3? First Second Year Short-term capital gain Year $9,000 11,000 Long-term capital gain Short-term capital loss Long-term capital loss $2,000 7,000 (11,000) (2,000) (20,000) 0 First Year Second Year

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