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In 2017, Richard had taxable income of $75,000. This amount included short-term capital losses of $3,000 and long-term capital losses of $7,000. He had no
In 2017, Richard had taxable income of $75,000. This amount included short-term capital losses of $3,000 and long-term capital losses of $7,000. He had no other capital transactions in prior years. What is Richard's capital loss carryover to 2018? $0 $1,000 $4,000 $7,000
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