Jessica had the following gains and losses for the year:   Long-term loss = $45,000 Short-term loss = $15,000 Long-term gain = $20,000 Short-term gain = $19,000   How much gain or loss will Jessica deduct on her current tax return? $0 Long-term capital loss of $3,000 Long-term capital loss of $21,000 Short-term capital gain of $4,000; and $25,000 long-term loss

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A:

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