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What will be amount of morgan capital loss carryforward

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Question - For the current tax year, Morgan had $25,000 of ordinary income. In addition, he had an $1,700 long-term capital loss and a $1,600 short-term capital loss. What will be the amount of Morgan's capital loss carryforward to the next year?

a. $0

b. $300

c. $3,500

d. $3,000

e. $500

Reference no: EM133184981

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