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In 2017, Micheal has a short term capital losses of 1,500, a net long term loss of 27,000 and other ordinary taxable income of 45,000.
In 2017, Micheal has a short term capital losses of 1,500, a net long term loss of 27,000 and other ordinary taxable income of 45,000. a. calculate the amount of Michael's education for capital losses on his tax return for 2017. $---------- b. calculate the amount and nature of his capital loos carryforward $------- Long term capital loss carryforward. $--------Short term capital loss carryforward.
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