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In the current year, Jabba, an individual, has $63,000 of ordinary income, a net short-term capital loss (NSTCL) of $8,700 and a net long-term capital

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In the current year, Jabba, an individual, has $63,000 of ordinary income, a net short-term capital loss (NSTCL) of $8,700 and a net long-term capital gain (NLTCG) of $4,100. From his capital gains and losses, Jabba reports: O an offset against ordinary income of $3,000 and an NSTCL carryforward of $5,700. an offset against ordinary income of $3,000 and an NSTCL carryforward of $4,600. O an offset against ordinary income of $8,700. O an offset against ordinary income of $4,100 and an NSTCL carryforward of $4,600. O an offset against ordinary income of $3,000 and an NSTCL carryforward of $1,600

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