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In 2014, Paul, a Single taxpayer has taxable income of $30,000 exclusive of capital gains and losses.Paul incurred a $1,000 short-term capital loss and a
In 2014, Paul, a Single taxpayer has taxable income of $30,000 exclusive of capital gains and losses.Paul incurred a $1,000 short-term capital loss and a $5,000 long-term capital loss. What is the amount of his Long-term capital lass carryover to 2015?
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