You have a client with $40,000 of capital losses. Which statements are true? Check all that apply a. Capital loss carryovers can be carried over indefinitely until they are all used. b. $3,000 of the loss can be deducted in the year of the loss. c. The $40,000 loss can be deducted in the year of the loss. d. Any unused capital losses are carried over to the next year.

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