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Problem 2 0 - 3 6 ( Algorithmic ) ( LO . 3 ) Terri, a calendar year taxpayer, incurs a long - term capital

Problem 20-36(Algorithmic)(LO.3)
Terri, a calendar year taxpayer, incurs a long-term capital loss of $4,000 and a short-term capital loss of $12,600. How are these items handled for Federal income tax purposes if Terri is an individual and a C corpob. A C corporation?
$fill in the blank a37a000a505202a_1
0
of short-term capital losses and $fill in the blank 0
of the long-term capital losses can be used in 2022.
$fill in the blank 0
can be carried back as short-term capital losses and $fill in the blank 16,600
as long-term capital losses.

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