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Carlos provides you with the following information for years 1 and 2, exclusive of capital loss carryovers:
STCG STCL LTCG LTCL
Year 1 0 $2,400 $400 $3,500
Year 2 $500 $ 700 $900 $1,000
Determine the amount and type of capital loss deduction each year, if any, and the carryover to the following year.
Magnocellular Cells
Large neurons within the magnocellular layer of the lateral geniculate nucleus, important for processing motion and low-light visual information.
Visual Cortex
The part of the cerebral cortex that processes visual information, located in the back of the brain.
Geniculostriate System
Projections from the retina to the lateral geniculate nucleus to the visual cortex.
Lateral Geniculate Nucleus
A vital structure in the brain responsible for processing visual information relayed from the retina.
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