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Required information Skip to question [The following information applies to the questions displayed below.] For 2020, Sherri has a short-term loss of $2,460 and a
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[The following information applies to the questions displayed below.]
For 2020, Sherri has a short-term loss of $2,460 and a long-term loss of $6,000.
a. How much loss can Sherri deduct in 2020?
b. How much loss will Sherri carry over to 2021, and what is the character of the loss carryover?
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