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For the 2022 tax year, Morgan had $25,000 of ordinary income. In addition, he had a $1,800 long-term capital loss and a $1,500 short-term capital

For the 2022 tax year, Morgan had $25,000 of ordinary income. In addition, he had a $1,800 long-term capital loss and a $1,500 short-term capital loss. What will be the amount and character of Morgan's capital loss carryforward to 2023?

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$500 short-term

$300 long-term

$300 short-term

$0

$3,000 combined short and long-term

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