For the current tax year, Morgan had $25,000 of ordinary income. In addition, he had an $1,900 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)$500
D)$3,000
E)$3,500

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The Answer of For the current tax year, Morgan had $25,000 of ordinary income. In addition, he had an $1,900 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)$500
D)$3,000
E)$3,500

For the Current Tax Year, Morgan Had $25,000 of Ordinary