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MC Qu. 34 in the current year, Norris. an individual, In the current year, Norris, an individual hos $62,ooo of ordinary income, aNet Short Term

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MC Qu. 34 in the current year, Norris. an individual, In the current year, Norris, an individual hos $62,ooo of ordinary income, aNet Short Term Capital Loss NSTayofs and losses, Norris reports: O an offset against ordinary income of sa soo O an offset against ordinary income of sa00o and a NSTOL carryforward of s58oo O an ordinary income of s4,ooo and a NSTCLcarryforward of s4Boo. offset against an offset against ordinary income of $3000 and o NSTOL cemyforward of s4.Boo. O an offset against ordinary income of s3000 and NSTcu carryforward of$1800

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