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When Frankie passed away, she had a long-term capital loss carryover from the sale of stock in the amount of $9,098. Frannie's personal representative files
When Frankie passed away, she had a long-term capital loss carryover from the sale of stock in the amount of $9,098. Frannie's personal representative files the final form 1040 and there is an unused carryover amount. The unused portion is: A. Added to the basis of Frannie's stock. B. Passed through to Frannie's estate. C. Lost the unused portion will remain unused. D. Passed to the beneficiary listed on the stock.
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