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Ms. Suzanne Morphy is a full time architect. She is also sells vegetables on the side from a small farm she runs in her backyard.
Ms. Suzanne Morphy is a full time architect. She is also sells vegetables on the side from a small farm she runs in her backyard. In 2018, the first year of operation, she had a loss of $37500 and deducted the maximum allowable amount. What is the amount of her farm loss carryover to future years that can be applied against future farm income?
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