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Required information [The following information applies to the questions displayed below.] For 2019, Sherri has a short-term loss of $2,500 and a long-term loss of

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Required information [The following information applies to the questions displayed below.] For 2019, Sherri has a short-term loss of $2,500 and a long-term loss of $4,750. b. How much loss will Sherri carry over to 2020, and what is the character of the loss carryover? Answer is complete but not entirely correct. Long term capital loss $ 4,750

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