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Deductions & credits
not sure where you see 2k or the 1k..$7629 minus $4629 is $3,000.
you had a capital loss of $7,000.
you are able to use $3,000 of that against ordinary losses
the remaining $4,000 is carried over to next year where you can use it against other capital gains. if you do not use it up, then another $3,000 can go against next year's ordinary losses.
‎February 13, 2020
3:17 AM