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Required information [The following information applies to the questions displayed below.) For 2020, Sherri has a short-term loss of $2,740 and a long-term loss of

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Required information [The following information applies to the questions displayed below.) For 2020, Sherri has a short-term loss of $2,740 and a long-term loss of $5,400. b. How much loss will Sherri carry over to 2021, and what is the character of the loss carryover? Answer is not complete. Long term capital loss

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