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Score Name Section Problem (10 points). Juan, married and filing jointly, had the following income and deductions for 2023. Juan has three dependent children. REQUIRED:

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Score Name Section Problem (10 points). Juan, married and filing jointly, had the following income and deductions for 2023. Juan has three dependent children. REQUIRED: Using the attached form, calculate Juan's net operating loss for 2023. \begin{tabular}{|l|l|l|} \hline \multicolumn{3}{|c|}{ CALCULATION OF TAXPAYER JUAN'S NET OPERATING LOSS } \\ FOR TAX YEAR 2023 & & 60,0000 \\ \hline Sales & & 65,000 \\ \hline Business Expenses & & 5,000 \\ \hline Business Loss & 3,0,000 & \\ \hline & 3,000 & \\ \hline W-2 Income Earned By Spouse & 4,000 & \\ \hline Interest Income & 5,0,000 & \\ \hline Dividend Income & 15,000 & \\ \hline Net Loss From Business & 8,000 & \\ \hline Net Nonbusiness Capital Loss & & \\ \hline Adjusted Gross Income & & \\ \hline Less: Standard Deduction or Itemized Deductions & & \\ \hline Less: Personal and Dependency Exemptions & & \\ \hline Taxable Income & & \\ \hline & & \\ \hline Taxable Income & & \\ \hline Add: Personal and Dependency Exemptions & & \\ \hline Add: Excess of Nonbusiness Capital Losses Over Nonbusiness & & \\ \hline Capital Gains & & \\ \hline Add: Excess of Nonbusiness Deductions Over Nonbusiness & & \\ \hline Income & & \\ \hline Standard Deduction or Itemized Deductions & & \\ \hline Less: Interest Income & & \\ \hline Less: Dividend Income & & \\ \hline Net Operating Loss (NOL) & & \\ \hline & & \\ \hline \end{tabular}

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